10 Unstoppable Growth Stocks To Buy According to Reddit

3. MicroStrategy Incorporated (NASDAQ:MSTR)

Number of Hedge Funds: 25

6-month Performance as of January 27, 2025: 107.1%

MicroStrategy Incorporated (NASDAQ:MSTR) is a Bitcoin treasury and business intelligence company that offers various services to businesses such as data visualization and advanced predictive analytics. Some of its major clients include KFC, eBay, Crate&Barrel, Celio, Petco, Sony, and Pfizer. The company is trying to accelerate its software services by forging crucial partnerships with large names in the industry. For instance, on January 8, the company partnered with STACKIT to produce a sovereign data cloud for AI-backed business intelligence.

While the company’s software business is growing slowly, its rise to stardom can be attributed to its Bitcoin treasury. Previously, on January 21, MicroStrategy Incorporated (NASDAQ:MSTR) purchased another $1.1 billion worth of bitcoin, bringing its total reserve to 461,000 on January 21. On January 27, the company announced the acquisition of 10,107 BTC, now bringing the total reserve to 471,107.

This marked the 12th consecutive week of MSTR purchasing BTC. The move can explain why MSTR’s stock price has gained nearly 2,500% since its buying spree kicked off in 2020.