MicroStrategy surges 10% as Bitcoin briefly recovers to 97,000

As Bitcoin surged by more than 6% ahead of the Thanksgiving holiday, MicroStrategy, which holds the largest amount of Bitcoin among all companies worldwide, also saw its price rise by around 10%.
On the 27th (local time) on the New York Stock Exchange, MicroStrategy recorded a 9.94% surge to $388.84 (58,961 yen) from the previous trading day.
This is because Bitcoin surged by about 6%. At 5:30 a.m. on the 28th, the global coin market relay site CoinMarketCap reported that Bitcoin was
It recorded a 6.57% surge to $97,206 (approximately 14.74 million yen). As of 11:55 a.m., Bitcoin had partially reverted its gains and was down to $95,777 (approximately 14.52 million yen).
This is because investors are buying up Bitcoin ahead of the Thanksgiving holiday in hopes of hitting the $100,000 mark, according to analysis by CoinDesk, a media outlet specializing in virtual currencies.
When Bitcoin soared, MicroStrategy soared. Meanwhile, MicroStrategy holds a total of 386,700 Bitcoin.
This is equivalent to 2% of the total circulation.