MicroStrategy (MSTR) has emerged as the best-performing component of the Nasdaq 100 over the past month, with shares surging 48%. The significant rally positions the Bitcoin treasury company ahead of all other constituents in the benchmark index during the period. The stock's outsized gains highlight continued investor appetite for corporate Bitcoin exposure through equities. MicroStrategy's performance underscores its role as a high-beta proxy for cryptocurrency market movements within traditional finance markets.