Strategy surpasses Palantir in trading volume, becomes 20th most-traded stock in US

Strategy Inc., the company formerly known as MicroStrategy, has climbed to the 20th spot among the most actively traded stocks in the US, surpassing Palantir Technologies in share turnover. Volume that rivals the giants During peak days in August, the stock temporarily ranked as high as the 10th most actively traded in the entire US market, with daily share turnover reaching between 46 and 49.2 million shares. By mid-September, Strategy’s 30-day average trading volume settled into a range of 22 to 25 million shares. The dollar volume on those trades hovered near $3.6 to $3.9 billion. On particularly active sessions, MSTR has surpassed not just Palantir but also Robinhood, occasionally climbing to the 16th position on most-active lists. On calmer days, it sits closer to 21st. The Bitcoin treasury playbook Michael Saylor’s strategy has been straightforward: raise capital through equity and preferred stock offerings, then use the proceeds to buy Bitcoin. Through May 2026, the company had raised over $5.6 billion through preferred share issuances alone. The result is a Bitcoin treasury that some estimates place above 840,000 BTC. That hoard effectively turns MSTR into a leveraged bet o...