CandleFocus

MicroStrategy Breaks Into the Top 100 U.S. Public Companies by Market Cap

MicroStrategy, a bitcoin development company, has entered the top 100 U.S. publicly traded companies by market cap with a $96 billion market cap. The company's stock price has surged 528% year-to-date, reaching over $400 per share. MicroStrategy holds 331,200 bitcoins, worth over $30 billion. The company recently announced a $1.75 billion convertible senior note and is awaiting further developments on its oversubscription. MicroStrategy's impressive performance has outperformed NVIDIA over the past five years. As of now, the company is up over 3% in pre-market trading.

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