MicroStrategy (MSTR) has recently reached a market cap of $100 billion, becoming the 93rd largest publicly-traded company in the U.S. It has even surpassed Tesla and Nvidia in trading volume and has grabbed the attention of traditional stock traders like those in the Wall Street Bets community. MicroStrategy was worth just $1 billion when it first purchased bitcoin four and a half years ago.
As the bull market continues, it is uncertain how high MSTR will go, and if it will crash in the bear market. However, the Bitcoin for Corporations strategy, championed by Michael Saylor, has proven successful, with more public companies adopting it. It is predicted that this trend will continue, and trading volume will rise for companies with bitcoin on their balance sheet.