MicroStrategy's Market Cap Poised to Surpass Intel Amid Bitcoin Surge

MicroStrategy (MSTR), widely regarded as a de facto Bitcoin investment fund, is rapidly climbing the market capitalization rankings, with its valuation now exceeding $100 billion. Analysts predict that the company’s stock could surge as high as $450, driven by rising Bitcoin prices and an aggressive acquisition strategy.

On Track to Top Intel

According to data from Google Finance, Intel—a 60-year-old semiconductor giant—currently boasts a market capitalization of nearly $102 billion as of Nov. 20. With MicroStrategy closing in fast, the company could soon outpace Intel, a milestone underscoring the growing dominance of Bitcoin and crypto-focused firms in traditional markets.

MicroStrategy was America’s most traded stock on Nov. 20, surpassing industry giants like Tesla and Nvidia, Bloomberg Intelligence analyst Eric Balchunas reported.

The “21/21 Plan”

MicroStrategy’s aggressive Bitcoin acquisition strategy, dubbed the “21/21 Plan,” aims to raise $42 billion—split evenly between equity and debt—over the next three years to fund a massive Bitcoin buying spree. This bold strategy has drawn both criticism and admiration.

Mark Palmer, a fintech analyst at Benchmark, described MicroStrategy’s approach as controversial but justified by its impact on the company’s stock price. “MSTR has outperformed almost every major U.S. company over the past four-plus years,” Palmer said in a note. He raised his price target for MSTR from $300 to $450, anticipating Bitcoin could hit $225,000 by 2026.

Record-Breaking BTC Purchases

On Nov. 19, MicroStrategy announced its largest Bitcoin purchase to date—acquiring 51,780 BTC for $4.6 billion between Nov. 11 and Nov. 17. This brings its total holdings to approximately $40 billion in Bitcoin, according to Benchmark estimates.

During an Aug. 1 earnings call, MicroStrategy introduced a new performance metric, “Bitcoin yield,” which measures the ratio of BTC holdings to outstanding shares. This innovative metric reflects the company’s commitment to aligning corporate performance with its Bitcoin strategy.

A Surge Fueled by Trump’s Win

The broader crypto market has also rallied following Donald Trump’s U.S. presidential election victory. Many believe the incoming administration’s pro-crypto stance could benefit companies like MicroStrategy.

Executive Chairman Michael Saylor indicated during a Nov. 15 CNBC interview that the company’s pace of securities issuance and Bitcoin acquisition could exceed earlier projections, signaling a more aggressive approach.

With its stock soaring and an unwavering focus on Bitcoin, MicroStrategy’s rise reflects the increasing influence of cryptocurrencies in reshaping the global financial landscape. As Bitcoin continues its upward trajectory, all eyes remain on MicroStrategy to see how far its ambitions can take it.