Why Bitcoin-Related Stock MicroStrategy Is Rising Today

Shares of crypto-related stocks, including MicroStrategy Incorporated MSTR are trading higher amid an increase in the price of Bitcoin BTC/USD and Ethereum ETH/USD.

Bitcoin is trading about 4.1% higher at around $64,165 Tuesday morning.

Ethereum is trading about 4% higher at around $4,515 Tuesday morning.

MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy 2021, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users.

Microstrategy shares were trading about 12.9% higher at $830.90 per share on Tuesday at the time of publication. The stock has a 52-week high of $1,315 and a 52-week low of $167.78.

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