Microstrategy’s 1,620% Stock Rally Outshines Bitcoin and Top Market Performers
Microstrategy’s stock (MSTR) has skyrocketed 1,620% since adopting its bitcoin-focused strategy, outperforming Bitcoin, the S&P 500, and top tech companies like Nvidia.
Led by executive chairman Michael Saylor, the company now holds over 252,000 BTC and continues to invest heavily in the cryptocurrency.
Since 2020, MSTR’s growth has far exceeded Bitcoin’s 426% and the “Magnificent 7” tech stocks’ 243% rise. Saylor remains bullish, emphasizing that a bitcoin strategy is key to long-term success in the market.
Clever Robot News Desk 15th October 2024
