CoinWorld News reports that MicroStrategy (MSTR) stock price rose by about 9% after Bitcoin rebounded to $78,000. The stock briefly climbed to $180 per share during Friday’s trading, up from the previous day’s closing price of $165. The move tracked Bitcoin’s intraday rise, with Bitcoin reaching $78,961 on Friday afternoon. The increase in MSTR’s stock price gave investors who have seen a decline of more than 70% a chance to catch their breath. MicroStrategy currently holds approximately 818,334 Bitcoins on its balance sheet, representing about 3.9% of all future Bitcoins.

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