MSTR Surpasses Microsoft and Meta in Trading Volume

Strategy Inc., once a business intelligence firm, has transformed into a Bitcoin accumulation machine, quietly surpassing Microsoft and Meta in daily trading volume. On August 19, MSTR moved 49.2 million shares, pushing another 46.9 million the next day.

This puts it at the 10th-most actively traded stock in the US on those days, beating out companies with market capitalizations many times its size. Strategy's market cap sits between $45 billion and $47 billion, while Microsoft's is measured in trillions.

The stock's 30-day average volume has been running between 22 million and 25 million shares. The August 19 spike represented roughly double its normal turnover in a single session.