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

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

CointimeCointime2024/11/20 11:44
By:Cointime

MicroStrategy (MSTR) has just entered the top 100 listed companies in the United States, currently ranking 97th. On Tuesday, the company's stock price soared 12%, breaking through the $400 mark and closing at $430, jumping 29 places. This remarkable performance coincides with Bitcoin hitting a new high of over $94,000.

MicroStrategy has been one of the most watched companies in 2024, with its annual growth rate exceeding 500%, while Bitcoin's growth rate during the same period has also exceeded 100%. The most notable data is that although MicroStrategy did not make Bitcoin a reserve asset until August 2020, its performance has even surpassed NVIDIA (NVDA) in the past five years. MicroStrategy has risen by 2,739%, while NVIDIA has risen by 2,688%. As of November 18th, MicroStrategy holds 331,200 Bitcoins, which means its current holding value exceeds $30 billion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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