MicroStrategy's Bitcoin Strategy Yields 1,000% Stock Surge, Outperforms Berkshire Hathaway

Aug 11, 2024, 07:35 PM

MicroStrategy's strategic decision to adopt Bitcoin as its primary treasury reserve asset four years ago has resulted in significant financial gains for the company. Since August 2020, MicroStrategy has acquired 226,500 Bitcoins, valued at approximately $13.771 billion, purchasing about 150 BTC a day. This investment strategy has led to a 1,000% surge in MicroStrategy's stock price, outperforming major benchmarks such as the S&P 500 and Warren Buffett's Berkshire Hathaway. The company's returns have been roughly seven times those of Berkshire Hathaway over the past four years. Despite recent market volatility, MicroStrategy's Bitcoin holdings continue to yield substantial unrealized profits. Last week, MicroStrategy completed a 10-for-1 stock split.