MicroStrategy joined an elite club of stocks on Friday
to the X social media network to spotlight the impressive performance of his company's stock, which recently managed to outperform such heavy hitters as Amazon and Alphabet in terms of trading volume on Friday. MicroStrategy managed to generate $5.8 billion in trading volume during the last trading session of this week. For comparison, Amazon and Alphabet logged $5.5 billion and $2.4 billion, respectively.
Tesla is in the lead by trading volume with $43.5 billion. Nvidia comes in second place with $29 billion. , which is primarily known as the largest corporate holder of Bitcoin, has managed to outperform some"Magnificent 7" players in terms of daily trading volume is an extremely impressive feat considering that the company's market currently stands at only $47.48 billion.
MicroStrategy is up more than 22% over the past month alone. Its stock has surged by a staggering 242% on a year-to-date basis, vastly outperforming Bitcoin. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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