Titled “MSTR is 101% Bitcoin,” Saylor shared an annualized asset performance chart covering 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 shows that MicroStrategy stock has done the best, rising 101% over the past four years. It is the best-performing asset in the review. Bitcoin has also done well, with holders seeing a solid 51% return over the same period.
By comparison, the S&P 500 increased by 71%. While this growth is worth noting, it is nothing compared to the gains seen in both MicroStrategy and Bitcoin, which reinforce the idea that they have done better than the market overall over the last four years.
It seems like Saylor’s goal with the post is more than just to show off. It is a way of confirming that he still believes Bitcoin is on the rise. Despite some recent hurdles, including rumors about Tether and ongoing geopolitical tensions, Bitcoin has risen back to $69,000 in the past four days, showing its resilience on the market.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
