Why Strategy Inc. (MSTR) Went Up On Friday

We recently published a list of These 10 Firms Led Friday’s Rally, Here’s Why. In this article, we are going to take a look at where Strategy Inc. (NASDAQ:MSTR) stands against other firms that led Friday’s rally.

The stock market ended the week stronger with all its major indices closing higher as investors repositioned portfolios ahead of more corporate earnings next week while navigating an evolving global trade environment.

The tech-heavy Nasdaq surged by 1.26 percent, while the S&P 500 and Dow Jones eked out marginal gains of 0.74 percent and 0.05 percent, respectively.

Meanwhile, 10 companies mirrored the broader market sentiment, ending the trading week with modest gains. In this article, we have listed the 10 top-performing stocks and detailed the reasons behind their gains.

To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume.

Strategy Inc. (NASDAQ:MSTR)

Strategy Inc., formerly MicroStrategy, extended its winning streak for a seventh straight day on Friday, jumping 5.24 percent to close at $368.71 apiece as investors continued to snap up shares ahead of its first quarter earnings results next week.

According to the company, it is scheduled to announce its financial and operational highlights for the January-March period on Thursday, May 1, 2025, at 5 PM ET.

Investors will closely watch out for the company’s outlook for the second quarter and full year 2025.

Friday’s rally in MSTR shares was in line with higher Bitcoin prices, which, as of this writing, were up by 1.02 percent at $94,905.97 apiece.

Further contributing to the sentiment were bullish comments from two analysts.

Matt Hougan, a cryptocurrency forecaster, said he expects Bitcoin to reach the $200,000 mark this year, while renowned Street analyst Tom Lee stated that MSTR showed “signs of being washed out” towards the beginning of April.

The comments bode well for MSTR, which as of April 21 reportedly owned 538,220 Bitcoins.

Overall, MSTR ranks 5th on our list of firms that led Friday’s rally. While we acknowledge the potential of MSTR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MSTR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.