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Anushka Dutta

As Bitcoin Retakes $95,000, Should You Buy, Sell, or Hold MicroStrategy Stock?

Strategy Bitcoin MicroStrategy MSTR Peter Christiansen Bernstein

The market shows renewed appetite for risk, as Bitcoin (BTCUSD) climbed above $95,000 and reached $97,000 this week. After a period of underperformance, cryptocurrencies are once again on the rise. This rally has coincided with cooling U.S. inflation signals, stable employment figures, and strong inflows into crypto ETFs.

Bitcoin treasury and analytics company MicroStrategy, now operating as Strategy (MSTR), is pouring money into the cryptocurrency, showing robust optimism in digital assets. In fact, MSTR CEO Michael Saylor expects Bitcoin prices to reach $1 million by 2029. 

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