MicroStrategy Buys More Bitcoin, Shares Surge
Update: 2026-01-05
Description
MicroStrategys Bitcoin Buy Spree Boosts Shares, Solidifies Top Spot; Benchmark Maintains Buy RatingMicroStrategys recent purchase of 1,286 bitcoins, worth approximately $163 million, has increased their total holdings to over 673,000 bitcoins, making them the worlds largest corporate Bitcoin holder. This move, coupled with Bitcoins surge past $92,000, led to a 5.3% jump in MicroStrategys shares, which later settled at $163.33, still up 3.6% from the previous close. Michael Saylors social media hint of more buys ahead fueled investor excitement. Despite the positive reaction, the stocks volatile history and recent 58% decline over three months have kept the markets enthusiasm in check. Benchmark, however, maintained its buy rating and a $705 price target for 2026, praising the companys heavy Bitcoin bet. Long-term holders have seen a return of 381% on a $1,000 investment from five years ago. Checkout Solipillow.com
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