Investor Optimism Boosts Jump of These 10 Stocks

6. MicroStrategy Inc. (NASDAQ:MSTR)

Shares of MicroStrategy kicked off the week on a positive note, with the company’s shares rallying by 11.61 percent to end the day at $379.09 apiece buoyed by news that it gobbled up $101 million worth of Bitcoin in the previous days.

According to MicroStrategy, the purchase occurred on December 30 when Bitcoin was trading at only $94,000.

The announcement further fueled optimism after the cryptocurrency’s price on Monday broke past its resistance level of $100,000, reaching a new high of $101,184.

The Bitcoin rally came days before Donald Trump—a pro-Bitcoin incoming president—assumes office on January 20.

If MicroStrategy had sold its positions during Monday’s trading, the company would have realized a 7.6 percent gain.