April 2025 turned out to be a stellar month for Strategy (formerly MicroStrategy), as its stock soared by 32%, closing the month at $380.11, up from $288 at the start. This marks the company’s strongest monthly performance since November 2024, when it posted a 59% gain.
Bitcoin $BTC Surge Fuels Strategy's Rally
The key driver behind this bullish move? Bitcoin’s continued ascent, with BTC $BTC currently trading around $94,000 — inching closer to its all-time high of $100,000, set in December after Trump’s $TRUMP
re-election. Given Strategy’s massive Bitcoin treasury, the stock is often seen as a leveraged proxy for BTC.
Speculation Grows Around a $100B Capital Move
Hype intensified on April 30 when Apollo Sat founder Thomas Fahrer posted on X (formerly Twitter) that "$100B is in play" — a cryptic yet powerful hint that triggered investor speculation around a potential massive capital raise or strategic move by Strategy, right before the company’s Q1 earnings announcement on May 1.
Market Sentiment and Outlook
With rising Bitcoin prices and a potential mega capital deal in the works, investor sentiment around MSTR is increasingly bullish. As BTC edges toward breaking past $100K, MSTR could witness further upside — but with high volatility.
Bottom Line
Strategy's April performance highlights how closely its fate is tied to Bitcoin’s trajectory. While the upside potential is significant, investors should remain aware of the risks tied to BTC price swings and macro market conditions.