MicroStrategy Stocks Jump 8.5%

Microstrategy increasing by 8.5%, and BTCUSD jumping up to 3.7%: this is fresh American stock news.

Is the recession over? European and US stock markets were on fire yesterday. So are cryptocurrencies with BTCUSD up 3.12% and back above the critical $20k resistance.

SimpleFX traders knew that when this happens, they should target crypto-related stocks. Since Monday’s close, MSTR has recorded a percentage jump of about 8.5 points, and this week has increased 17%: from $214 to $248 per share.

The business intelligence turned bitcoin company announced yesterday that it was going beyond just hoarding BTC. MicroStrategy hired a full-time software engineer to build a software-as-a-service platform delivering Lightning Network solutions. LN is a second-layer solution for Bitcoin that enables instant micropayments.

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