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Strategy’s (formerly MicroStrategy) stock, MSTR, has been among the market’s leading gainers lately, thanks to a mid-week rebound in the equity markets and Bitcoin [BTC].
On Tuesday, the tech-heavy Nasdaq composite bounced slightly by 0.81% while the S&P 500 Index (SPX) moved by +0.58%, marking a weekly rally of 2%.
The relief rebound was driven by positive U.S labor market data, noted crypto trading firm QCP Capital.