These 10 Firms Dominated Last Week’s Rally

4. MicroStrategy Inc. (NASDAQ:MSTR)

MicroStrategy Inc. (MSTR) saw its shares surge by 27.97 percent week-on-week to end at $396.60 apiece, as investor sentiment was buoyed by a broader crypto market optimism under the incoming Trump administration.

The company traded higher alongside its Bitcoin mining peers amid earlier signals from President-elect Donald Trump that he would soon release an executive order making cryptocurrencies a national priority.

Additionally, Trump is setting his sights on creating a crypto advisory council to give the industry a voice within his administration. A bitcoin stockpile is part of discussions about a possible executive order that would cover several areas of crypto policy.

In other news, MicroStrategy Incorporated (MSTR) recently added 2,530 Bitcoins for $243 million, bringing its total holdings to 450,000 Bitcoins.