Since the sharp sell-off wave it witnessed in February. This rise has once again brought MicroStrategy into focus, given how closely its balance sheet is tied to Bitcoin price movements. With Bitcoin trading above the average “strategic” purchase price of $75,577, the company has returned to an unrealized profit position, as market analyses indicate that book profits amount to approximately $1.37 billion

MSTR’s stock rose during the trading session, driven by a rebound in the high-risk asset market. The stock price reached 13.83% in one trading period, trading near $169.54. Other market updates showed the stock rising by about 8% during the day. This increase was a result of improved investor sentiment toward companies with direct exposure to digital assets, thanks to Bitcoin’s strength.