MicroStrategy ranks among the top 100 publicly traded companies in the United States by market capitalization and is currently ranked 97th
MicroStrategy (MSTR), which has just broken into the top 100 publicly traded companies in the United States and is currently ranked 97th, jumped 29 places on Tuesday after its shares surged 12% to break through the $400 mark and close at $430. The impressive performance coincided with Bitcoin hitting a new high of more than $94,000.
MicroStrategy has been one of the high-profile companies in 2024, with gains of more than 500% during the year, while Bitcoin has also risen by more than 100% during the same period. The most striking data is that although MicroStrategy does not have Bitcoin as a reserve asset until August 2020, within five years, it has outperformed even NVIDIA (NVDA). 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.