Michael Saylor's MicroStrategy Surpasses $100B Market Cap
In what is a massive moment for the company, Michael Saylor’s MicroStrategy (MSTR) has officially surpassed a $100 billion market cap. Indeed, the company had recently announced its $2.6 billion debt offering to buy more Bitcoin, as the market value has only increased throughout the last several weeks. The company had most recently purchased an additional $4.6 billion worth of Bitcoin. That acquisition brought the company’s total holdings above 331,200 BTC worth more than $30 billion at their current price. Saylor’s Bitcoin strategy was viewed by many as a key reason for the stock’s performance, as the leading crypto has surged to consecutive all-time highs in the last two weeks. JUST IN: Michael Saylor's MicroStrategy $MSTR surpasses $100 billion market cap. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Michael Saylor’s MicroStrategy a New Wall Street Favorite as it Outperforms Bitcoin MicroStrategy Passes $100 Billion Market Cap, Enters Top 100 Public Companies in th