Strategy · Bitcoin · White House · Crypto Briefing
Strategy’s MSTR tops NASDAQ-100 with 48% gain over the past month
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The Bitcoin treasury company has nearly doubled the returns of its closest competitor in the index, riding a wave of regulatory tailwinds and Bitcoin's push toward $80K.
Key facts
- At roughly 845,050 BTC and with Bitcoin approaching $80,000, Strategy’s Bitcoin stash is worth somewhere in the neighborhood of $67.6 billion at current prices
- The stock closed at $153.92 on September 18 after surging 16.39% in a single session
- Strategy Inc., the company formerly known as MicroStrategy, has posted a 48% gain over the past 30 days, making it the single best performer in the entire Nasdaq-100
- The company holds approximately 845,050 Bitcoin, acquired at an average price of roughly $75,412 per coin
Summary
Strategy Inc., the company formerly known as MicroStrategy, has posted a 48% gain over the past 30 days, making it the single best performer in the entire Nasdaq-100. The stock closed at $153.92 on September 18 after surging 16.39% in a single session. Two forces are converging. The House Financial Services Committee recently voted to advance a Strategic Bitcoin Reserve bill.