According to CoinDesk, MicroStrategy (MSTR), which calls itself a Bitcoin development company, has entered the top 100 US listed companies and is currently ranked 97th. Its stock price rose 12% on Tuesday, closing at $430.
MicroStrategy's stock price has risen by more than 500% this year, while Bitcoin has risen by more than 100% during the same period. In the past five years, MicroStrategy's increase is 2,739%, exceeding NVIDIA's 2,688%.
As of November 18, MicroStrategy held 331,200 bitcoins, valued at more than $30 billion. The company announced the issuance of $1.75 billion in convertible senior notes, which will mature on December 1, 2029.
