The post Breaking: MicroStrategy Surpasses $100B Market Cap! appeared first on Coinpedia Fintech News
Michael Saylor’s MicroStrategy (MSTR) has surpassed a $100 billion market cap in a remarkable feat. It also became the most traded stock in the United States today, with trading activity surpassing Tesla and Nvidia. Earlier today, the company announced that it had upsized its private offering of convertible notes to $2.6 billion for additional Bitcoin purchases. The software firm has also broken into the top 100 publicly traded companies in the United States. It recently purchased an additional $4.6 billion worth of Bitcoin, which brought the company’s total holdings above 331,200 BTC. The company’s share is up almost 14% over the last 24 hours.