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- MicroStrategy stock is up roughly 246% in 2023, and jumped more than 6% on Thursday.
- Founder Michael Saylor explained how bitcoin has helped the company's stock compete with Big Tech giants.
- He said spot bitcoin ETFs and the 2024 halving event will push the token's price higher.
Michael Saylor, the bitcoin-bull founder and executive chairman of MicroStrategy, credits the world's largest cryptocurrency for allowing his software firm to compete with the likes of Apple, Microsoft, and other of the so-called Magnificent Seven stocks.