PANews reported on November 12 that according to The Block, Microstrategy's stock price hit a record high of $350 after hours, and the company's stock price surge coincided with Bitcoin's historic price increase on Monday. Eric Balchunas, senior ETF analyst at Bloomberg, said on the X platform that Microstrategy's single-day trading volume reached a record $12 billion, six times the trading volume of JPMorgan Chase or General Electric.

Earlier yesterday, it was reported that MicroStrategy spent US$2.03 billion to increase its holdings of 27,200 bitcoins.