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MicroStrategy enters the top 100 U.S. public companies by market value, currently ranking 97th

2024-11-20 09:53
Odaily News MicroStrategy (MSTR) has just made it into the top 100 U.S. public companies, now ranking 97th. On Tuesday, the company's stock price soared 12%, breaking through the $400 mark and closing at $430, jumping 29 places with this performance. This impressive performance coincided with Bitcoin hitting a new high of more than $94,000. In 2024, MicroStrategy has been one of the companies that have attracted much attention, with its year-to-date gains exceeding 500%, while Bitcoin has also risen by more than 100% during the same period. The most striking data is that although MicroStrategy did not make Bitcoin a reserve asset until August 2020, its performance has even surpassed NVIDIA (NVDA) in five years. MicroStrategy is up 2,739%, while NVIDIA is up 2,688%. As of November 18, MicroStrategy held 331,200 Bitcoins, which means that its current holdings are worth more than $30 billion. (Coindesk)