MicroStrategy Surpasses $100B Market Cap!
Michael Saylor’s MicroStrategy (MSTR) has surpassed $100 billion in market capitalization, an impressive feat. It also became the most traded stock in the U.S. today, with trading activity surpassing Tesla and Nvidia. Earlier today, the company announced it was expanding its private placement of convertible notes to $2.6 billion for additional purchases of Bitcoin. The software company also ranks among the top 100 public companies in the United States. Recently, the company purchased an additional $4.6 billion worth of Bitcoin, which brings the company’s total holdings to more than 331,200 Bitcoins. The company’s shares have risen nearly 14% in the past 24 hours.
