MicroStrategy's stock stood out on the market with high trading volumes, surpassing giants like Tesla and Nvidia. This occurred amidst Bitcoin reaching a new all-time high.
Record Trading Volumes for MSTR
According to Bloomberg ETF analyst Eric Balchunas, MSTR was the most traded stock in the US in the latest session. It surpassed such stocks as TSLA and NVDA in activity for the first time in years.
MicroStrategy Market Cap Growth
Yesterday, MicroStrategy reached a market cap of $100 billion, followed by a slight correction. Despite this, MSTR remains up by 10%, trading at $473.83, according to Google Finance.
Bitcoin Hits New All-Time High
Amid MSTR's rise, Bitcoin also hit a new all-time high of $97,862.64. MicroStrategy, the largest corporate holder of Bitcoin, benefited from this trend.
The latest trading session was successful for MicroStrategy and Bitcoin. The rise of MSTR and Bitcoin's new record highlight the current market's volatility and dynamics.