U.Today
Michael Saylor, CEO of MicroStrategy, has sparked discussion in the crypto community with a recent post assessing his company's stock performance relative to other assets.
Titled "MSTR is 101% Bitcoin," Saylor shared an annualized asset performance chart detailing the price trajectories of Bitcoin (BTC), MicroStrategy (MSTR) stock, the S&P 500, real estate, gold, and bonds since the software provider adopted its Bitcoin investment strategy in August 2020.
Saylor's analysis reveals that MicroStrategy's stock has outperformed, rising 101% over the past four years, making it the best-performing asset in the review. Meanwhile, Bitcoin has also performed well, providing holders with a solid 51% return over the same period.
Four Years
The cryptocurrency has experienced significant fluctuations, reaching an all-time high of $69,000, dropping below $15,500 amid the FTX collapse in 2022, and rebounding to new heights around the $74,000 mark.
In comparison, the S&P 500 increased by 71%. While this growth is notable, it pales in comparison to the gains observed in both MicroStrategy and Bitcoin, reinforcing that they have outperformed the market overall in the past four years.
Saylor's intention behind the post seems to extend beyond mere boasting; he aims to affirm his belief in Bitcoin's upward trajectory. Despite recent challenges, including rumors regarding Tether and ongoing geopolitical tensions, Bitcoin has bounced back to $69,000 within the last four days, demonstrating its market resilience.
This article was originally published on U.Today.
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