Donald Trump

Bitcoin

Time

MicroStrategy made waves in financial markets today, with its market value at one point exceeding $100 billion and its stock becoming the most-traded stock in the United States.
Its trading volume even surpassed that of Tesla (TSLA) and Nvidia (NVDA), two market giants known for their high levels of activity.
The surge in activity appears to be linked to news that the commercial IT company plans to increase the issuance of its zero-interest convertible senior notes to $2.6 billion. The announcement has sparked renewed investor interest in the company, known for its aggressive Bitcoin buying strategy.
Bloomberg ETF analyst Eric Balchunas highlighted the volume of trading activity, tweeting: “Wow, MSTR is the most traded stock in America today… Crazy to beat TSLA and NVDA. It’s been years since a stock has traded more than either of those two (GME would be the last to do so). And it’s about twice as much as SPY! Crazy times.”
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MicroStrategy's market activity has eclipsed the SPDR S&amp;P 500 ETF Trust (SPY), a benchmark for overall market trading volumes, and MSTR trading volume has reached unprecedented levels.
The effect extended to ETFs tracking MicroStrategy. Leveraged ETF MSTU (2x MSTR) was the fifth most-traded ETF of the day, while MSTX (another MicroStrategy-focused product) was eighth. “I’ve never seen this before,” Balchunas said, underscoring the unusual market dynamics.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/even-bloomberg-analyst-couldnt-believe-it-something-extraordinary-is-happening-at-microstrategy-after-bitcoin-move-ive-never-seen-it-before/" rel="noopener noreferrer nofollow">Even Bloomberg Analyst Couldn’t Believe It: Something Extraordinary Is Happening at MicroStrategy After Bitcoin Move – “I’ve Never Seen It Before”</a>

Even Bloomberg Analyst Couldn’t Believe It: Something Extraordinary Is Happening at MicroStrategy After Bitcoin Move – “I’ve Never Seen It B...

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