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tz-plus logo Strategy (MSTR) in Pivotal Point Check: Washington Impulse and Bitcoin Breakthrough Above $70,000 Fuel the Software and Crypto Heavyweight!

W. Zussner
Reading Time: 2 minutes

Price Surge: Driven by the strong rise of Bitcoin above the $70,000 mark. Confidence in Crypto Infrastructures Strengthened: Actions by the US Federal Reserve and the SEC provide positive impulses. Massive Short Covering: Stock gains were further accelerated. Strategy (formerly MicroStrategy) is a provider of enterprise software and the world's largest corporate holder of the cryptocurrency Bitcoin. The stock saw a significant price surge on Thursday, August 20th at Nasdaq. During the trading session, the stock rose approximately 7.8%,...

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