The MSTR stock has outperformed all companies on the S&P 500 since the MicroStrategy Bitcoin adoption began in 2020. The software company has continued to accumulate the flagship crypto thanks to its former CEO and co-founder, Michael Saylor. This move has paid off so far, considering MSTR’s performance since then.
MSTR Stock’s Performance Since MicroStrategy Bitcoin Adoption
In an X post, Micheal Saylor highlighted MSTR’s performance since the software company adopted Bitcoin in 2020. Based on the data he shared, MicroStrategy’s stock has outperformed 100% of the S&P 500 companies since they began purchasing BTC.
Interestingly, the MSTR stock price has also outperformed Bitcoin over the last four years. Since MicroStrategy Bitcoin adoption, the company’s stock has surged by over 1,000%. Meanwhile, BTC and the S&P 500 have surged by 425% and 70%, respectively.
MicroStrategy’s co-founder, Michael Saylor, pushed for the software company to begin buying the flagsh
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