MicroStrategy's stock price has broken through $1334, setting the highest record in the past 24 years
Driven by the recent rapid rise in Bitcoin prices to near historical highs, MicroStrategy's stock price soared to a 24-year high. Data shows that it reached $1334.1 on Monday, with an intraday increase of nearly 24%, marking the highest closing price since March 2000. In addition, MicroStrategy's stock has risen for six consecutive days, which is the longest continuous rise since the ten-day rise ended on November 10, 2023. The company's market value has increased by $10.7 billion in the past six trading days and reached $22.4 billion on Monday. Last week, Benchmark analyst Mark Palmer became the biggest bull of MicroStrategy stocks after giving a buy rating and a target price of $990 for MicroStrategy stocks for the first time on February 27th; currently its trading price is about 33% higher than this target and its stock trading price is approximately 33% higher than expected target.
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