Ahead Of ‘Mag 7’ Earnings Season, Michael Saylor Celebrates Bitcoin Proxy MicroStrategy’s Record-Breaking Trading Volume, Says King Crypto Makes ‘Magnificent 8’
Posted On October 28, 2024
MicroStrategy Inc. (NASDAQ:MSTR) ended Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Saylor to celebrate by coining the term “Magnificent 8.”
What happened: On Sunday, Saylor took to X, drawing attention to the Bitcoin (CRYPTO: BTC) development company’s latest feat.
MicroStrategy recorded volumes of $5.8 billion on Friday, trailing only tech behemoths such as Tesla Inc. (NASDAQ:TSLA), Nvidia Corp. (NASDAQ:NVDA), Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), and Meta Platforms Inc. (NASDAQ:META).
Moreover, MicroStrategy’s volume was …
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