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The market had a terrible, horrible, no good, very bad day. Unless you were Michael Saylor. $MSTR one of only two Nasdaq 100 stocks to finish higher. $LULU the other. Is MicroStrategy a flight to safety trade due to Bitcoin? My story for @barronsonline. https://t.co/RRP5jStjGM
Flight to safety in...Bitcoin? $BTC higher today. And MicroStrategy is one of only three Nasdaq 100 stocks in green today. $MSTR up 6%. $LULU and $ROST are the other two gainers.
$BTC + $GME https://t.co/vD5fdZhx4a
On April 4, 2025, MicroStrategy Inc. ($MSTR) and Bitcoin ($BTC) emerged as outliers in a declining market, with MicroStrategy's stock increasing by 6%. This performance stands in stark contrast to major indexes, including the Nasdaq ($QQQ) and Russell 2000 ($IWM), both of which have entered bear market territory, defined as a decline of 20% or more. Analysts have noted that MicroStrategy's stock is now behaving similarly to a leveraged Bitcoin ETF, suggesting a potential flight to safety among investors. Only two stocks in the Nasdaq 100, MicroStrategy and Lululemon Athletica Inc. ($LULU), managed to finish the day in positive territory, highlighting the broader market's struggles.