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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

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Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Why MicroStrategy (MSTR) Stock Is Up Today

MSTR Cover Image

What Happened?

Shares of business analytics software company MicroStrategy (NASDAQ: MSTR) jumped 3% in the pre-market session after investment firm Cantor Fitzgerald reiterated its 'Overweight' rating and increased its price target on the stock. The firm lifted its price target to $680 from $614, reflecting continued confidence in the company's market performance. An 'Overweight' rating typically functioned as a recommendation to buy the stock. This move came amid broader positive sentiment for the company, whose strategy centered on the aggressive acquisition of Bitcoin. The upward momentum was also supported by a rise in the price of Bitcoin itself, which traded higher during the period. Investor confidence in the company's crypto-focused strategy underpinned the stock's advance ahead of its upcoming quarterly earnings report.

After the initial pop the shares cooled down to $406.66, up 0.3% from previous close.

Is now the time to buy MicroStrategy? Access our full analysis report here, it’s free.

What Is The Market Telling Us

MicroStrategy’s shares are extremely volatile and have had 79 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 14 days ago when the stock gained 3.5% on the news that the price of its key asset, Bitcoin, surged to a new all-time high, after the company announced it had purchased more of the cryptocurrency. The enterprise software company, which has famously made holding Bitcoin a core part of its corporate strategy, saw its shares climb in tandem with the world's largest cryptocurrency. Bitcoin's price soared past the $122,000 mark, continuing a powerful rally. This upward momentum in the crypto market directly benefits MicroStrategy, as the value of its substantial Bitcoin treasury increases. 

Adding to the bullish sentiment, MicroStrategy disclosed in an SEC filing that it had purchased an additional 4,225 bitcoins for approximately $472.5 million between July 7 and July 13. The move reaffirmed the company's aggressive strategy of using its balance sheet to accumulate the digital asset, a practice that has closely tied its stock performance to Bitcoin's price fluctuations.

MicroStrategy is up 35.5% since the beginning of the year, but at $406.66 per share, it is still trading 14.2% below its 52-week high of $473.83 from November 2024. Investors who bought $1,000 worth of MicroStrategy’s shares 5 years ago would now be looking at an investment worth $34,518.

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

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