The MicroStrategy (MSTR) stock is up more than 100% in 2024
The company's stock is up more than 105.44% since the start of the year, greatly outperforming Bitcoin.
US companies account for more than 70% of the MSCI World Index. Japan and the UK come in second and third places, respectively . When it comes to specific sectors, information technology is in the lead with a 23.22% slice of the pie. Financial, healthcare, and industrials are also in the lead. MicroStrategy's market cap currently stands at $23.02 billion after its shares added 4% on Tuesday to reach nearly $1,300 per share. Still, the stock is down substantially from its 2024 peak of $1,919.
The business intelligence company, which went public in 1998, reached its current all-time high of $3,130 back in March 2000 during the peak of the dot-com bubble. The stock ended up collapsing to just $5 within a year. After two decades under the radar, Saylor managed to revive his company by making a bold Bitcoin bet that has ultimately paid off. , famous CNBC host Jim Cramer recently urged his viewers not to buy the company's stock.
Finally Shiba Inu on Verge of Breakthrough, Solana to Get Squeezed, Is Bitcoin Getting out of Downtrend? LBank's Mother's Day Initiative: Supporting Christ Foundation Orphanage Home and Widows Outreach Center in NigeriaFinally Shiba Inu on Verge of Breakthrough, Solana to Get Squeezed, Is Bitcoin Getting out of Downtrend?
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy OrangeMichael Saylor and the MicroStrategy Executive Vice President announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.
Read more »
MicroStrategy to launch Bitcoin-based decentralized ID solutionMicroStrategy has unveiled MicroStrategy Orange, a decentralized identity solution that uses Bitcoin Ordinals inscriptions.
Read more »
Trail Blazers News: Mock Trade Envisions Portland Offloading Vet for Major Draft EquityA mock trade for Trail Blazers guard Malcolm Brogdon nets Portland extra draft capital
Read more »
Bella Hadid's Sheer Top Added Major Spice to Her Business-Ready Blazer SetBella Hadid wore a full Gucci look that brought together a sheer top and coordinating blazer-and-miniskirt set. See her outfit, here.
Read more »
Oregon State Transfer Jordan Pope Commits to Texas LonghornsThe Texas Longhorns have added a major piece to their 2024 basketball roster
Read more »
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen SaysHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Read more »