Retail Investors Pour $11M into MicroStrategy Shares 🚀

Retail investors boosted MicroStrategy with $11 million in inflows on Monday, nearly tripling this year's average daily investments after recent company news.

Retail Investors Pour $11M into MicroStrategy Shares 🚀
Benzinga
1.2K views • Dec 18, 2024
Retail Investors Pour $11M into MicroStrategy Shares 🚀

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Retail investors funneled $11 million into MicroStrategy shares on Monday, nearly three times their average daily inflows this year, following the company's addition to the Nasdaq-100 index. MicroStrategy's stock has surged 550% this year, significantly outperforming Nvidia's roughly 160% gain.  As the largest corporate holder of bitcoin, MicroStrategy has become a "poster child" for tracking bitcoin's price. Bitcoin's recent milestone above $100,000 and Michael Saylor's bullish advocacy have fueled the company’s popularity. Short interest in the stock declined significantly since the start of the year.

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