MicroStrategy Shares Jump 20% Following Election Results

The stock market ended the week on a high note, with tech stocks, including MicroStrategy (MSTR), surging after Donald Trump’s presidential election victory and another round of interest rate cuts. MicroStrategy shares reached a 52-week high, trading at $270.42 on Nasdaq, marking a nearly 20% increase over the past five days. The enterprise analytics firm, which holds substantial Bitcoin reserves, has seen its stock rise 486% over the past year, largely driven by its Bitcoin strategy.

MicroStrategy’s stock has become a key indicator of potential Bitcoin price trends, having broken a consolidation phase in early October, weeks before Bitcoin’s latest rally. Founded by Bitcoin advocate Michael Saylor, the company holds over 250,000 BTC, worth more than $19 billion at current prices. MicroStrategy recently announced plans to acquire an additional $42 billion in Bitcoin by 2027.

Following Trump’s election, Bitcoin’s price reached an all-time high, climbing over 10% and currently trading above $79,000. Other Bitcoin-related stocks also experienced strong gains, with Bitcoin mining company CleanSpark (CLSK) up 35% and Coinbase (COIN) — a major donor in the U.S. election — surging over 48%.

Investor confidence has been boosted by expectations of a favorable economic environment under Trump and further easing by the Federal Reserve. In September 2024, the Fed implemented its first rate cut in over four years, reducing interest rates by 0.5 percentage points. A follow-up cut of 0.25 points on November 7 brought the federal funds rate down to 4.5%-4.75%.

The broader market reflected this optimism, with the S&P 500 up 5% for the week and the Dow Jones rising 4.8%, signaling growing investor confidence in the post-election economic outlook.

Join Our New ReadySetCrypto Platform!

Join our new interactive, community-driven ReadySetCrypto platform!

What we’ve found is that the Crypto market moves too quickly to support a TradFi portfolio-based market.

The Crypto market is all about identifying opportunities AS THEY OCCUR, and understanding precisely when to enter, and most importantly, when to exit.

ReadySetCrypto has been re-engineered to help you identify these opportunities as they occur with clear, time-tested price-based signals.

Better yet, you can convert your account to this new service for the same price (or probably less) than what you’re paying now.

You can check it out for free for a week by signing up at readysetcrypto.ONE, where you can access the new site either on your workstation, or on a new mobile app by installing the Mighty Network app on Android or Apple.

If you’d like to convert your account, please let us know by contacting us at support (at) readysetcrypto.tempurl.host

We’ll take care of ensuring that your old subscription is closed down, and that we match (or improve) your monthly subscription rate. Annual rates are also available for a significant discount.

Convert your account today and let’s make this new year an amazing one!

Sincerely….your team at ReadySetCrypto