MicroStrategy has seen a significant increase in its stock value, recording a 70% rise over the last three weeks, marking its highest stock price since November 2021. The company, known for its Bitcoin investments, is now the 535th largest publicly-listed company in the United States, with a market capitalization of $11.5 billion. This growth positions MicroStrategy as one of the two largest stocks in the small-cap Russell 2,000 index, alongside Super Micro Computer, which has a market cap of $44.2 billion. The average market cap for the remaining 1,900+ stocks in the index is $1.5 billion. There's speculation that MicroStrategy may soon enter the S&P 500, a move that could have significant implications for Bitcoin, as noted by MicroStrategy Executive Chairman Michael Saylor.
MicroStrategy Executive Chairman Michael Saylor explains the global impact of Bitcoin on 'Making Money.' https://t.co/9wirGAEliM
Bitcoin-stacking @MicroStrategy is now the 535th largest publicly-listed company in the United States. https://t.co/6kiPI4jmhL
“Bitcoin is money flowing out of 20th century analog assets into the digital economy at an increasing rate”—@saylor https://t.co/DG4cPnFnJx
MicroStrategy May Soon Enter the S&P 500: What That Means for Bitcoin ► https://t.co/M1TehXZYNR https://t.co/M1TehXZYNR
The two largest stocks in the small-cap Russell 2,000 both have "micro" in their name... Super Micro Computer $SMCI $44.2 billion market cap MicroStrategy $MSTR $11.5 billion market cap The remaining 1,900+ stocks have an average market cap of $1.5 billion.
NEW: MicroStrategy is RIPPING 📈 Up 70% in the last 3 weeks 👀 Recording its highest stock price since Nov. 2021 🙌 https://t.co/RKUrDWLWaI