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MicroStrategy has grown a whopping 357.78% in the past year, outperforming major S&P 500 stocks like Apple and Microsoft.
Tech giants haven’t seen the same gains, with Apple at 28.62% and Microsoft at 36.52% growth over the last year.
Even the impressive 175.37% growth of NVIDIA couldn’t beat MicroStrategy’s performance.
In what will be a shocker for many, House of Chimera’s latest post highlights that Bitcoin-backed MicroStrategy has outperformed the top S&P 500 stocks. Let’s explore a comparative analysis to see how MicroStrategy’s performance measures up against industry giants like Apple, Microsoft, NVIDIA, and Amazon.
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Bitcoin-Driven MicroStrategy Outperforms Major S&P 500 Stocks
MicroStrategy’s 1,071% growth driven by its Bitcoin strategy surpasses leading S&P 500 companies like Nvidia (939%) and Arista Networks (591%).
This illustrates the outsized returns possible through Bitcoin…
— House of Chimera (@HouseofChimera)
September 24, 2024
A Closer Look at the Numbers
The four major S&P 500 stocks—Apple Inc., Microsoft Corp., NVIDIA Corp., and Amazon.com Inc.—have shown steady growth. However, MicroStrategy’s remarkable +357.78% performance over the past year puts it ahead. Here’s a breakdown of how the numbers compare:
MicroStrategy’s Impressive Surge
At the beginning of the year, MicroStrategy was trading at $68.35. By March 27, as Bitcoin hit its
yearly peak
, MicroStrategy’s stock surged to $195.03. In September, it dipped to a monthly low of $114.13 but has since rebounded, currently trading at $149.97, marking a 2.09% rise in the past month. The stock’s
bullish trend
is clear, with an outstanding yearly return of over 357%.
Apple’s Modest Growth
Apple INC, over the last twelve months, has seen a growth of just 28.62%. At the start of the year, the price was around $187.13. Throughout the year, the market has been in a sideways trend. On July 15, it touched a peak of $236.12. Now the market stands at $226.47. At the start of the month, the price was above $228.55. In the last month, the market has demonstrated a negative growth of 0.31%.
Microsoft’s Steady Climb
Microsoft Corp. has posted a 36.52% gain over the last year. Its stock opened the year at $373.89 and reached its peak of $467.45 on July 5. Currently priced at $433.51, it has recorded a 4.84% rise in the last month, indicating steady growth.
Amazon’s Strong Rebound
Amazon.com Inc. has experienced notable growth, with a 47.70% increase over the past year. After starting at $151.34, Amazon’s stock surged past $200 in July. It now trades at $193.88, marking an impressive 10.47% rise in the past month.
NVIDIA’s Stellar Year, But Still Behind
Among the S&P 500, NVIDIA Corp. has shown the most impressive performance, with a 175.37% growth over the last year and 141.35% returns this year alone. Despite this, it still falls short of MicroStrategy’s remarkable gains. NVIDIA’s stock hit a yearly peak of $139.64 on June 20 but has since been trading sideways, fluctuating between $130 and $91.59. Currently, it’s priced at $116.26, reflecting an 8.07% drop over the past month—the sharpest decline among the top stocks.
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So, What’s the Final Verdict?
House of Chimera’s post wasn’t an exaggeration: MicroStrategy has indeed outperformed some of the biggest names in the S&P 500 over the last year. While Apple, Microsoft, Amazon, and NVIDIA have shown strong growth, none have matched the exceptional performance of MicroStrategy, which continues to benefit from its bold Bitcoin-backed strategy.
So, who would have thought that a company betting big on Bitcoin would outperform some of the biggest names in tech? But here we are!
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