MicroStrategy’s trading volume competes with the top 7 U.S. tech stocks.

MicroStrategy, a leading business intelligence company heavily invested in Bitcoin (BTC), has become one of the most actively traded and volatile stocks in the market. Despite having a market capitalization below $100 billion, its daily trading volume now rivals that of the “magnificent seven” largest tech companies.

These major players, including Apple (AAPL), NVIDIA (NVDA), and Microsoft (MSFT), boast market caps of over $1 trillion, far surpassing MicroStrategy’s size. Nevertheless, between December 2, 2024, and January 7, 2025, MicroStrategy saw an average of 24 million shares traded daily, putting it ahead of Microsoft (MSFT), which trades around 20 million shares daily, and Meta (META) with 12.2 million. The only companies with higher trading volumes during this period were NVIDIA and Tesla (TSLA).

MicroStrategy’s stock has gained approximately 14% year-to-date, and it currently holds a 30-day implied volatility (IV) of 104, a measure that forecasts expected price fluctuations. This figure shows that MicroStrategy is significantly more volatile than the iShares Bitcoin Trust (IBIT), which has an IV around 60. In fact, MicroStrategy’s IV is 1.7 times higher than that of IBIT.

According to data from Market Chameleon, as of January 7, 2025, MicroStrategy has the highest IV30 among the top seven U.S. tech stocks, with Tesla coming in second at an IV of 71. This heightened volatility reflects the market’s anticipation of substantial price movements tied to MicroStrategy’s ongoing Bitcoin holdings and investments.