MicroStrategy's stock ($MSTR) is experiencing significant gains as analysts defend its premium to bitcoin holdings, describing it as 'intelligent leverage'. The company's stock has shown increasing sensitivity to bitcoin's price movements, amplifying gains due to its substantial bitcoin holdings and reflecting a compounding effect. This 'bitcoin flywheel' effect is driving stock price targets higher, despite ongoing valuation debates. Some analysts highlight that MicroStrategy is capitalizing on a potential $100 trillion bitcoin asset class.