MicroStrategy, the software firm established by Michael Saylor, saw a significant rise in its stock value, surging over eight percent on Thursday. This surge followed the much-anticipated milestone of Bitcoin crossing the $100,000 mark late Wednesday.
MicroStrategy's recent stock performance highlights its strong investment in Bitcoin, resulting in an almost 600% increase in its value this year alone. This impressive growth rate significantly outpaces traditional market indices such as the S&P 500.