Why These 10 Large-Cap Stocks are Skyrocketing

7. MicroStrategy Incorporated (NASDAQ:MSTR)

30-day Return as of January 22, 2025: 17.1%

MicroStrategy Incorporated (NASDAQ:MSTR) is a bitcoin treasury company that also provides business intelligence, mobile software, and cloud-based software services to businesses. MSTR grew by 17% over the past 30 days, with a share price of $389.1, up from $332.23 on December 2, 2024.

On January 21, the company purchased another $1.1 billion worth of bitcoin, bringing its total to 461,000 bitcoin. In an impressive feat, this is the 11th consecutive week of MSTR making a Bitcoin purchase. Analysts are also bullish on the stock and their median price target implies an upside of 46%.

The company’s bold moves in hoarding bitcoin, such that the stock has gained 2,500% since its bitcoin buying spree kicked off in 2022, are expected to continue in 2025, positioning it for remarkable growth ahead. In addition to that, only a day ago, the new administration chose pro-crypto Mark Uyeda as acting SEC Chair, who just launched a crypto task force to discover new crypto policies.