The Economic Times

MSTR stock rallies 23% today despite Strategy's $12.4 billion net loss as Bitcoin (BTC USD) rebounds to $70,000 analysts' stock price target revealed

MSTR Strategy stock rally after Bitcoin BTC USD rebound: Strategy Inc stock saw a dramatic rise on Friday, climbing over 23 percent. This surge followed better-than-expected fourth-quarter financial results. The company also benefited from a bounce in Bitcoin's price, which crossed the $70,000 mark. Despite a net loss, investors showed confidence in Strategy's long-term Bitcoin strategy.