#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 the seven largest tech companies with a market cap of at least $1 trillion, even exceeding that of Microsoft and Meta. It only trails behind Nvidia and Tesla. This is primarily attributed to its status as a Bitcoin (BTC) developer and the high volatility of its stock, attracting a large number of traders. MicroStrategy's 30-day implied volatility (IV) stands at 104, significantly higher than the 60 of iShares Bitcoin Trust (IBIT), indicating a greater market expectation of future price fluctuations for MSTR.
Ace Hot Topic Analysis
Analysis
MicroStrategy (MSTR) stock has seen an astonishing trading volume, rivaling that of the seven largest US tech companies despite its market cap being under $100 billion. According to Market Chameleon, from December 2, 2024, to January 7, 2025, MSTR stock averaged nearly 24 million shares traded daily, placing it sixth among other tech stocks, exceeding the trading volume of Microsoft (MSFT) and Meta (META). Notably, these seven tech giants have market caps of at least $1 trillion, significantly exceeding MicroStrategy's market cap by a factor of ten. Additionally, MicroStrategy's 30-day implied volatility (IV) stands at 104, higher than the IV of iShares Bitcoin Trust (IBIT) at approximately 60, indicating that MSTR is 1.7 times more volatile than IBIT. MicroStrategy's IV30 is also the highest among the seven tech giants, suggesting a high level of market expectation for price fluctuations in MSTR over the next 30 days. MicroStrategy's high trading volume and volatility could be attributed to investor interest in the company as a Bitcoin (BTC) investment and the volatility of Bitcoin prices.
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 stocks.
MicroStrategy's stock is highly volatile, which may attract a large amount of trading.
MicroStrategy's implied volatility (IV) is 1.7 times higher than that of iShares Bitcoin Trust (IBIT), indicating that the market expects greater volatility in MicroStrategy's future price movements.
MicroStrategy's IV30 is the highest among all seven prominent tech stocks, indicating that the market expects the greatest volatility in MicroStrategy's future price movements.