What if MSTR *surpasses* the market cap of Apple? What should share price of MSTR be

Or $1,600 a share?

Saylor charts

$18,215 a share price?

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As of January 29, 2025, Apple’s market capitalization is approximately $3.593 trillion.  MicroStrategy (MSTR) currently has about 197.3 million shares outstanding. 

To surpass Apple’s market cap, MicroStrategy’s market capitalization would need to exceed $3.593 trillion. Given the current number of shares outstanding, this would require MSTR’s share price to be approximately $18,215.

It’s important to note that MicroStrategy has recently approved a significant increase in the number of authorized Class A common shares to fund further Bitcoin purchases.  This increase in shares would affect the share price needed to reach a specific market capitalization.

For instance, if the number of outstanding shares increases to 500 million, the share price required to achieve a market cap of $3.593 trillion would be approximately $7,186.

Therefore, the specific share price required for MicroStrategy to surpass Apple’s market cap would depend on the total number of shares outstanding at that time.