<ul class="news-points">
 <li><strong>MicroStrategy’s trading volume reached $8 billion, overpowering e-commerce giant Amazon.</strong></li>
 <li><strong>The volume surge aligns with the increasing interest in </strong><strong>the Bitcoin-equitized sector.</strong></li>
 <li><strong>The Bitcoin-equitized sector currently boasts about $20 billion in daily trading volume.</strong></li>
</ul>
<p>Michael Saylor’s MicroStrategy, known for its astounding <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a> portfolio, overpowered the e-commerce giant Amazon in trading volume. In a recent X post, Eric Balchunas, the Senior ETF Analyst at Bloomberg, revealed that MicroStrategy boasted a staggering trading volume of $8 billion yesterday, outstripping Amazon.</p>
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   <p lang="en" dir="ltr">Microstrategy's historical volume chart is quite the site, it traded more than Amazon yesterday w/ $8b. Outrageous activity relative to its history. The spillover effect from the spot bitcoin ETFs is underrated part of this. The equitized btc complex is doing &gt;$20b/day in volume <a href="https://t.co/GmbDZgsPL2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GmbDZgsPL2</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1768655335366042107?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 15, 2024</a>
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<p>The surge in trading volume follows MicroStrategy’s recent <a href="https://www.microstrategy.com/press/microstrategy-announces-pricing-of-offering-of-convertible-senior-notes_03-15-2024" target="_blank" rel="noopener noreferrer nofollow">announcement</a> of the $525 million convertible debt offering at an interest rate of 0.875% per annum. MicroStrategy’s financial moves and its astounding accumulation of B…</p>
<p>The post <a href="https://coinedition.com/microstrategys-trading-volume-reaches-8b-overpowering-amazon/" rel="noopener noreferrer nofollow">MicroStrategy’s Trading Volume Reaches $8B, Overpowering Amazon</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

MicroStrategy’s Trading Volume Reaches $8B, Overpowering Amazon

Coin Edition

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