MicroStrategy's stock price has risen 477% this year, second only to AppLovin among US technology companies with a market value of more than $5 billion.
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According to a CNBC report, from the beginning of 2024 to the close of trading last Friday, December 20, the MicroStrategy stock price has risen 477%, ranking second among all U.S. technology companies with a market capitalization of over $50 billion, only behind AppLovin. Previously, the company's stock price rose 346% in 2023. On Monday, MicroStrategy stated in a filing that the company had acquired 5,262 bitcoins at an average price of $106,662 per bitcoin, for a total of approximately $561 million, bringing its total holdings to 444,262 bitcoins.
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