CandleFocus Saylor's MicroStrategy Surpasses Amazon in Key Metric
2024-10-27
Author: Content Editor
MicroStrategy co-founder Michael Saylor highlighted the impressive performance of his company's stock on social media, stating that it outperformed heavy hitters like Amazon and Alphabet in terms of trading volume. MicroStrategy generated $5.8 billion in trading volume, surpassing Amazon and Alphabet. The term "Magnificent 7" refers to the most dominant US tech stocks. MicroStrategy's achievement is notable considering its market value is only $47.48 billion. The company's stock has surged 242% on a year-to-date basis and its Bitcoin holdings stand at over $17 billion.
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