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MicroStrategy is the most traded stock in the U.S.

No other stock traded more yesterday than MicroStrategy's shares.

By Mike Hesp
• 2 min read
MicroStrategy is the most traded stock in the U.S.

No other stock traded more yesterday than MicroStrategy's stock, according to Bloomberg analyst Eric Balchunas on X.

View post on X

Shares worth 18.56 billion USD moved through the books yesterday. That puts the company founded by Michael Saylor ahead of big names like Nvidia and Tesla. MicroStrategy is currently breaking all records. Since the start of the year, the stock has jumped by a whopping 517%. It is currently trading at $473 per share.

MicroStrategy is the most traded stock in the U.S.

The stock's rise is driven by aggressive Bitcoin purchases. By regularly increasing debt and equity, the company maintains enough liquidity to keep buying BTC.

MicroStrategy currently holds 331,200 Bitcoin. The so-called “21/21 plan” calls for another $42 billion in BTC investment in the coming years. Opinions are divided on the sustainability of the business model. By traditional valuation metrics, the stock is highly overvalued. Yet the market factors in both a Bitcoin price rise and Michael Saylor's plans to turn the company into a Bitcoin bank.

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