MicroStrategy’s Bitcoin Strategy: The Key to Business Success!

2 months ago 18
MicroStrategy Pushes Forward with Bitcoin Strategy Despite Market Crash

The post MicroStrategy’s Bitcoin Strategy: The Key to Business Success! appeared first on Coinpedia Fintech News

Michael Saylor, the founder of MicroStrategy, is once again making a strong case for Bitcoin as the ultimate strategic asset for publicly traded companies. In a recent tweet, CryptoQuant CEO Ki Young Ju highlighted how Michael Saylor’s strategy of investing in Bitcoin has given his company, MicroStrategy, a return three times higher than Bitcoin’s performance.

Bitcoin’s Performance vs. MicroStrategy

As highlighted by Ki Young Ju’s tweet, Bitcoin surged by 237% over the last two years. However, MicroStrategy, which heavily invested in Bitcoin, outperformed the cryptocurrency itself, skyrocketing by 669%. 

'@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 experienced similar declines during the bear market, but MicroStrategy recovered 3x more strongly than Bitcoin. This shows the strength of MicroStrategy’s strategic decision to bet on Bitcoin.

Saylor believes that a “Bitcoin strategy” is the best strategy for any business looking to thrive in today’s market. His view is that Bitcoin, despite its ups and downs, remains the most solid investment in the long run. 

For him, it’s clear: Bitcoin isn’t just a speculative asset, but a crucial tool for companies wanting to grow and outperform their competition.

Interestingly, MicroStrategy’s current market value now accurately reflects its Bitcoin holdings, unlike in 2021 when it was seen as overvalued. This alignment shows that MicroStrategy’s strategy of closely linking its business to Bitcoin is paying off, positioning the company as a leader among businesses investing in cryptocurrency.

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 this massive growth and a strong commitment to Bitcoin, MicroStrategy continues to prove that a Bitcoin strategy might be the best way for companies to see a big return

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