Microstrategy Surges to 10th Highest Traded Stock with $58.70 Billion Volume
On May 15, 2025, Microstrategy (MSTR) saw a significant trading volume of $58.70 billion, marking a 30.95% increase from the previous day. This surge placed MSTR as the 10th highest traded stock of the day. However, the stock has since declined, falling 4.73% over the past two days, resulting in a total decrease of 5.83%.
Microstrategy's stock price reached a new year-to-date high of $430.35 on May 9, driven by Bitcoin's resurgence above the six-digit mark. This milestone has garnered attention from investors, who are closely monitoring the company's performance in the context of broader market trends.
Microstrategy's stock price has been volatile, with the day's high reaching $415.36 and the low at $394.14. The stock's 52-week high was recorded at $543.00 on November 21, 2024, while the 52-week low remains a point of interest for traders and analysts alike.
Analysts have recently raised their target price for Microstrategy, with BTIG increasing its projection to $620 from $570. This adjustment reflects the company's strong performance and the positive outlook on its future prospects.
