MicroStrategy Trading Volume Hits $12 Billion, Surpasses Major Stocks Like JPMorgan

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MicroStrategy Trading Volume Hits $12 Billion, Surpasses Major Stocks Like JPMorgan MicroStrategy (MSTR) recorded a remarkable $12 billion in trading volume on November 12, an achievement that puts its stock ahead of major companies like JPMorgan (JPM) and General Electric (GE), according to Eric Balchunas, a senior ETF analyst at Bloomberg.

Institutional and Retail Demand: MicroStrategy’s Bitcoin-centric strategy has attracted both institutional investors and retail traders looking for indirect Bitcoin exposure through a publicly traded stock.

MicroStrategy’s trading volume of $12 billion on November 12 underscores the stock’s unique appeal as a way to gain Bitcoin exposure through a traditional asset.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: MicroStrategy Trading Volume Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 16:59:52 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 708 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23556965

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 25 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

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