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MicroStrategy’s Bitcoin strategy outperformed Bitcoin itself, with a 669% return in two years.
Michael Saylor advocates Bitcoin as the ultimate long-term business asset for companies.
MicroStrategy holds 252,220 Bitcoins, valued at $16 billion, boosting its market position.
Michael Saylor, the founder of MicroStrategy, is once again championing Bitcoin as the ultimate strategic asset for publicly traded companies. In a recent tweet, CryptoQuant CEO Ki Young Ju emphasized how Saylor’s bold investment in Bitcoin has yielded a return three times greater than the cryptocurrency’s own performance.
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MicroStrategy Outshines Bitcoin’s Growth
According to Ki Young Ju, while Bitcoin has
surged by 237%
over the last two years, MicroStrategy, which has heavily invested in the digital asset, has soared by an astonishing 669%. This remarkable difference highlights the strength of
MicroStrategy
’s decision to bet big on Bitcoin.
‘
@saylor
has proven that
#Bitcoin
is the best strategic asset for publicly traded companies.
Bitcoin gained 237% over two years, while MicroStrategy surged 669%. Both fell similarly during the bear market, but MSTR rebounded 3x as strongly as BTC.
The current price-to-BTC…
pic.twitter.com/LgHMgtMT8Y
— Ki Young Ju (@ki_young_ju)
September 25, 2024
Both Bitcoin and MicroStrategy saw sharp declines during the bear market, but MicroStrategy’s recovery was three times stronger than Bitcoin’s. This showcases the resilience of Saylor’s investment strategy and how it positions the company ahead of the curve.
A Bitcoin Strategy for Long-Term Success
Saylor firmly believes that adopting a “Bitcoin strategy” is the best course for any business seeking to thrive in today’s competitive market. Despite the volatility, Saylor views Bitcoin as a reliable long-term investment, far more than just a speculative asset.
In his eyes, Bitcoin is a crucial tool for companies aiming to grow and outpace their competitors.
Interestingly, MicroStrategy’s current market valuation now directly correlates with its Bitcoin holdings. This is a notable shift from 2021, when the company was viewed as overvalued. The alignment between its market value and Bitcoin holdings underscores the success of Saylor’s strategy to integrate Bitcoin into MicroStrategy’s core business model.
Also Read :
Bitcoin Price Prediction: Here’s Why Breaking $64,500 Could Send Bitcoin Soaring to $70K
,
MicroStrategy Bitcoin Holdings
Currently, MicroStrategy holds an
impressive 252,220 Bitcoins
, valued at around $16 billion. The company’s stock has surged 119% year-to-date, showing a remarkable rise compared to BlackRock’s iShares Bitcoin Trust (IBIT), which increased by just 35%.
With such significant growth and a steadfast commitment to Bitcoin, MicroStrategy continues to demonstrate that a Bitcoin-driven strategy could be the key to unlocking substantial returns for companies in the digital age.
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