MicroStrategy shares rose 477% this year, second only to AppLovin among U.S. tech companies with a market capitalization of over $5 billion.

According to FactSet data, MicroStrategy shares have risen 477% from the beginning of 2024 to the close of last Friday, December 20, second only to AppLovin among all U.S. tech companies with a market capitalization of more than $5 billion. Previously, the company's share price rose 346% in 2023.
On Monday, MicroStrategy said in a filing that in the past week, the company acquired an additional 5,262 bitcoins for about $561 million, at a price of $106,662 each. This brings the company's total holdings to 444,262 bitcoins.