NVIDIA

Bitcoin

Strong

Bold

MicroStrategy, known as the world’s first Bitcoin-focused development company, has reached a major milestone by joining the <a href="https://companiesmarketcap.com/usa/largest-companies-in-the-usa-by-market-cap/" target="_blank" rel="noreferrer noopener">top 100 publicly traded companies in the U.S. </a>The firm, led by prominent Bitcoin advocate Michael Saylor, now ranks 97th, reflecting its growing influence in the cryptocurrency market.   
<h2 class="wp-block-heading" id="h-stock-surge-boosted-by-bitcoin-s-record-high">Stock Surge Boosted by Bitcoin’s Record High</h2>   
The company’s stock price surged by 12% on Tuesday, closing at $430 after crossing the $400 mark earlier in the day. This rise coincided with Bitcoin hitting an <a href="https://coinpedia.org/news/bitcoin-all-time-high-at-94k-what-the-crypto-fear-and-greed-index-reveals/" target="_blank" rel="noreferrer noopener">all-time high of over $94,000</a>, further solidifying MicroStrategy's reputation as a Bitcoin leader.   
MicroStrategy’s performance has been a defining story in 2024, with its stock climbing over 500% since the start of the year. In comparison, Bitcoin has also had a stellar year, gaining more than 100% over the same period.   
Over a five-year span, the company’s stock has skyrocketed 2,739%, surpassing even tech giant NVIDIA (NVDA), which has gained 2,688% in that time frame. It currently holds 331,200 Bitcoin, valued at over $30 billion based on recent market prices.   
Saylor’s Bold Plans   
The firm also recently revealed its plans to raise an additional <a href="https://coinpedia.org/news/microstrategy-to-raise-1-75-billion-to-expand-bitcoin-holdings/" target="_blank" rel="noreferrer noopener">$1.75 billion through convertible notes</a> to increase its cryptocurrency holdings. MicroStrategy plans to issue senior convertible notes with a 0% interest rate, maturing in December 2029 to fund its Bitcoin acquisitions.&nbsp;   
<h2 class="wp-block-heading" id="h-will-microsoft-buy-bitcoin">Will Microsoft Buy Bitcoin? </h2>   
Michael Saylor is set to present a Bitcoin investment strategy to Microsoft’s board of directors in an upcoming three-minute pitch. This meeting aligns with a December 10 shareholder vote that will decide if Microsoft should evaluate <a href="https://coinpedia.org/news/michael-saylor-to-deliver-3-minute-presentation-to-microsoft-board-on-bitcoin-strategy/" target="_blank" rel="noreferrer noopener">investing in Bitcoin.</a>   
With $78 billion in cash reserves, Microsoft’s potential investment could significantly impact the crypto market. Saylor has repeatedly highlighted that companies like Microsoft, Apple, Google, and Berkshire Hathaway are missing a chance to enhance shareholder value by not holding Bitcoin.   [post_titles_links postid="382390"]   
<h2 class="wp-block-heading" id="h-bitcoin-going-strong">Bitcoin Going Strong</h2>   
Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to <a href="https://coinpedia.org/news/donald-trumps-media-group-eyes-bakkt-acquisition-to-boost-crypto-ventures/" target="_blank" rel="noreferrer noopener">buy crypto trading firm Bakkt </a>sparked optimism of a crypto-friendly regime under Trump.   
Bitcoin, going strong this bull run, is showing no signs of slowing down anytime soon. Traders at Singapore-based QCP Capital said in a Telegram broadcast shared that the predictions of <a href="https://coinpedia.org/price-analysis/bitcoin-price-achieves-94k-btc-price-eyes-to-hit-100k-this-weekend/" target="_blank" rel="noreferrer noopener">BTC at 100K</a> are not unattainable anymore as ‘the political and institutional stars start to align’.&nbsp;   
MicroStrategy’s journey proves one thing: in the world of Bitcoin, fortune indeed favors the bold.

MicroStrategy’s Bitcoin Investment Strategy Pushes It to Top 100 U.S. Companies

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