PANews reported on November 20 that according to CoinDesk, MicroStrategy (MSTR) has just entered the top 100 US listed companies and is currently ranked 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 coincided with Bitcoin hitting a new high of more than $94,000.
MicroStrategy has been one of the most watched companies in 2024, with a year-to-date gain of more than 500%, while Bitcoin has also risen by more than 100% during the same period. The most striking data is that although MicroStrategy did not use Bitcoin as a reserve asset until August 2020, its performance even exceeded that of NVIDIA (NVDA) in five years. MicroStrategy rose 2,739%, while NVIDIA rose 2,688%.
As of November 18, MicroStrategy holds 331,200 bitcoins, which means its current holdings are worth more than $30 billion.
