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Why MicroStrategy Stock Rose 12% Today

TheMotleyFool

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Shares of MicroStrategy (NASDAQ: MSTR) closed Tuesday's trading session 12% higher. A generally positive market day was further improved by a bullish report from an analyst better known for his short-selling strategy.

The maker of business intelligence and data analysis software received a rare buy recommendation from Citron Research manager Andrew Left. The recommendation didn't involve a deep analysis of MicroStrategy's software business. Instead, Left views this company as a safe way to bet on rising bitcoin prices.

Image source: Getty Images.

Source Fool.com

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