MicroStrategy's stock price has risen 477% this year, making it the second largest U.S. tech company with a market value exceeding $5 billion, only behind AppLovin

ChainCatcher news, according to CNBC, based on data from FactSet, from the beginning of 2024 to last Friday's close on December 20, MicroStrategy's stock price has risen by 477%, second only to AppLovin among all U.S. tech companies with a market capitalization of over $5 billion.

Previously, the company's stock price rose by 346% in 2023. On Monday, MicroStrategy stated in a filing that over the past week, the company acquired 5,262 bitcoins at a price of approximately $561 million, with each bitcoin priced at $106,662. This brings the company's total holdings to 444,262 bitcoins.