The company's stock is now up over 500% year-to-date, approaching a $100 billion market cap.
- MicroStrategy is now among the top 100 publicly traded companies in the United States, ranked by market capitalization. Its capitalization is approaching $100 billion.
- Shares Premarket, shares are up another 6% after bitcoin reached a new high. The company also increased its capital raise from $1.75 billion to $2.6 billion.
Disclaimer: The The author of this article owns MicroStrategy shares (MSTR).
SelfMicroStrategy, a bitcoin development company, has just cracked the top 100 U.S. public companies. It is currently ranked 97th.
The Company jumps 29 places on Tuesday’s Performance, which saw a price surge of 12% through $400 per share. The Bitcoin’s new record high of over $94,000 coincided with the impressive gain.
Shares The rise of the risen continues Wednesday The morning saw bitcoin (BTC), which had just reached a new record high, and the company increase its 0% convertible debt offering from $1.75 billion to $2.6 billion. Proceeds Use them to buy more bitcoin. At The stock was up 6.6% in premarket and 528% for the year to date at press time.
The This is the sixth convertible note that the company has issued, maturing in 2027-2032.
As The following are some examples of how to use Nov. 18 MicroStrategy had 331,200 Bitcoins, which would have made their current stack of bitcoins worth over $30 billion against a market cap of close to $100 billion.
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