MicroStrategy shares up 119% this year, 3x the amount BlackRock's Bitcoin ETF has seen

MicroStrategy, the company that holds the most Bitcoin of any single company, has seen its stock price rise 119% this year.
This is larger than the increase in the Bitcoin spot ETF managed by BlackRock. According to CoinDesk, MicroStrategy (MSTR) shares have risen 119% so far this year.
Meanwhile, BlackRock's Bitcoin Spot ETF (IBIT) rose 35%. In relation to this, "MSTR's stock price increase was more than three times that of IBIT,"
"STR has a stable financial position beyond its bitcoin holdings," he said. "MSTR has the ability to raise capital through debt and equity issuance, while IBIT has
"It depends on direct investor inflows."