$BTC Michael Saylor’s Strategy hits record market cap amid Bitcoin surge

Strategy’s executive chairman Michael Saylor took to social media on Wednesday to share the news after recently disclosing another major Bitcoin buy.

Michael Saylor’s Strategy (MSTR) closed the trading day on Wednesday at its highest ever market capitalization, as Bitcoin continues to float near record highs.

“MSTR just closed at an all-time high market cap,” Saylor said in an X post on Wednesday.

MSTR’s price “gearing up” for new highs

It comes as MSTR’s stock price has climbed 21.52% over the past month, closing Wednesday at $455.90, according to Google Finance data.

Meanwhile, Bitcoin

BTC

$118,193

has surged 10% over the past month, reaching new highs of $122,884 on Monday before pulling back to $118,413 at the time of publication, according to Nansen data.

Options trader Sean Trades said in a post on Wednesday that MSTR is “gearing up for the next leg to all-time highs.”#USCryptoWeek