#MicroStrategy Outpaces Seven Tech Giants in Trading Volume#
Hot Topic Overview
Overview
MicroStrategy (MSTR) stock has seen an astonishing trading volume. Despite its market cap being less than $100 billion, its average daily trading volume is comparable to, and even surpasses, that of the seven largest tech companies with market caps of at least $1 trillion, including Microsoft and Meta. According to Market Chameleon, MSTR's average daily trading volume is close to 24 million shares, ranking sixth among the seven tech giants, only behind Nvidia and Tesla. Additionally, MicroStrategy's 30-day implied volatility (IV) is as high as 105, the highest among the seven tech giants, significantly higher than the 60 of the Bitcoin Trust Fund (IBIT). This indicates that the market expects a high level of volatility in MicroStrategy's future price movements.
Ace Hot Topic Analysis
Analysis
MicroStrategy (MSTR) stock has seen an astonishing trading volume, with its average daily volume comparable to the seven largest tech companies with a market cap of at least $1 trillion, despite its market cap being less than $100 billion. According to Market Chameleon, from December 2, 2024, to January 7, 2025, MSTR stock traded nearly 24 million shares on average each day, even exceeding the average daily volume of Microsoft (MSFT) and Meta (META). Notably, MSTR's 30-day implied volatility (IV) stands at 104, significantly higher than IShares Bitcoin Trust (IBIT)'s IV of around 60, indicating that MSTR is 1.7 times more volatile than IBIT. This suggests that investors have high expectations for MSTR's future price movement, reflecting its appeal as a Bitcoin investment vehicle.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
MicroStrategy's trading volume is comparable to that of the seven largest US tech stocks, despite its market capitalization being significantly lower than these tech giants.
MicroStrategy's stock is highly volatile, which contributes to its large trading volume.
MicroStrategy's 30-day implied volatility (IV) is higher than the other seven tech stocks, including Tesla.
MicroStrategy's large trading volume could be attributed to investor interest in the company's large Bitcoin holdings.