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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Tom Lee Says MicroStrategy Could Outpace Bitcoin Gains: 'Goes Up A Lot More' As BTC Rallies

Tom Lee Bitcoin MicroStrategy MSTR Fundstrat Global Advisors Strategy Inc Cryptocurrency
Dhaka,,Bangladesh,04,Dec,2024:microstrategy,Logo,Is,Displayed,On,Smartphone.

Tom Lee, head of research at Fundstrat Global Advisors, predicts that Strategy Inc. (NASDAQ:MSTR) (formerly MicroStrategy) could deliver superior returns compared to Bitcoin (CRYPTO: BTC) itself as the cryptocurrency rallies.

What Happened: “As Bitcoin goes up, MicroStrategy very likely goes up a lot more,” Lee said in a Wealthion interview reposted on X.

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