These 10 Firms Led Friday’s Rally, Here’s Why

5. Strategy Inc. (NASDAQ:MSTR)

Strategy Inc., formerly MicroStrategy, extended its winning streak for a seventh straight day on Friday, jumping 5.24 percent to close at $368.71 apiece as investors continued to snap up shares ahead of its first quarter earnings results next week.

According to the company, it is scheduled to announce its financial and operational highlights for the January-March period on Thursday, May 1, 2025, at 5 PM ET.

Investors will closely watch out for the company’s outlook for the second quarter and full year 2025.

Friday’s rally in MSTR shares was in line with higher Bitcoin prices, which, as of this writing, were up by 1.02 percent at $94,905.97 apiece.

Further contributing to the sentiment were bullish comments from two analysts.

Matt Hougan, a cryptocurrency forecaster, said he expects Bitcoin to reach the $200,000 mark this year, while renowned Street analyst Tom Lee stated that MSTR showed “signs of being washed out” towards the beginning of April.

The comments bode well for MSTR, which as of April 21 reportedly owned 538,220 Bitcoins.