1st Quarter 2024
Winning trade per my analysis

During the Bitcoin boom in 2021, bitcoin was valued at approximately 60,000. Bitcoin reached 20,000 just one year after that, in 2022. Bitcoin's value plummeted as a result of the release of competing cryptocurrencies and ETFs such as NFTs. Bitcoin has recovered its value and even achieved an all-time high of 71,000. Speaking of Bitcoin, one company has an unusual relationship with it. MicroStrategy (MSTR) provides artificial intelligence-powered enterprise analytics software to other corporations. MicroStrategy buys Bitcoin rather than storing cash. MSTR now possesses 214,000 bitcoins, which is worth more than $13 billion. MSTR is the world's largest corporate holder of bitcoin. Investors and traders began to treat MSTR as a bitcoin corporation. MSTR and Bitcoin experience proportional growth. MSTR rises as Bitcoin rises, and vice versa. MSTR is a tremendously volatile stock, as evidenced by its daily price fluctuations of several hundred dollars. Bitcoin's bullish upsurge resulted in substantial stock increases. MSTR is up 200% in 3 months.