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Barchart
Barchart
Yiannis Zourmpanos

As Bitcoin Tops $110,000, Is It Time to Buy MicroStrategy Stock?

MicroStrategy (MSTR) is still one of the best-discussed cryptocurrency proxies on the Street. 

After Bitcoin’s (BTCUSD) price rocketed to a new record high near $110,000, scrutiny is again returning to Michael Saylor’s tech firm. MSTR stock has fallen over 12% in the past five trading days, leaving investors scratching their heads. Although BTC prices have pullen back toward the $107,600 level, they are down a much more muted 0.4% over the past five days. 

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