​MicroStrategy bitcoin investment strategy: the result of almo | Global CRYPTO News

​MicroStrategy bitcoin investment strategy: the result of almost three years

MicroStrategy stock and the price of Bitcoin outperformed all major investment asset classes.

The software company MicroStrategy, whose shares are traded on Nasdaq under the ticker MSTR, has summed up the results of investing its corporate funds in bitcoins. MicroStrategy has been investing in Bitcoin since September 2020. MicroStrategy shares and the price of bitcoin have outperformed all major investment asset classes (key stock indexes, bonds, and investment commodities) from then to now. So, during this time, the share price of MicroStrategy increased by 245%, and the price of bitcoin rose by 145%.

In particular, since the beginning of this year, MicroStrategy securities have risen in price by 168.87%, and the price of bitcoin has increased by 75.48%. During the same period, the Nasdaq Composite and S&P 500 stock indices rose by 34.4% and 17.72%, respectively.

MicroStrategy currently has 152,800 BTC on its balance sheet, which is equivalent to about $4.57 billion and represents about 0.8% of the current #1 cryptocurrency supply.

It is curious that, despite such a success in the price of bitcoin and MicroStrategy shares, the company’s direct investments in bitcoins so far give a small minus (-2.3%) or $111 million. This is due to the fact that the company purchased bitcoins at different prices.

By the way, on July 31, MicroStrategy again invested in #1 cryptocurrency, acquiring 467 BTC at an average price of $30,385, spending $14.4 million on this purpose. The company also stated that it intends to sell $750 million worth of its own shares from its corporate balance sheet, and use the proceeds to invest in bitcoins.