Michael Saylor: Since adopting the Bitcoin strategy, MSTR has achieved an annualized return of 124%, which is better than real estate, gold and bonds
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Odaily reports that Michael Saylor, the Executive Chairman of Microstrategy (Nasdaq stock code: MSTR), has shared a chart showing Microstrategy's performance relative to other major investments. Since adopting the Bit strategy on August 10, 2020, the company has achieved an annualized return of 124%, outperforming all major asset classes. Factset data on December 11 shows that Bit achieved a strong annualized return of 64% over the same time period. In comparison, the returns for Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla were 31%, the S&P 500 index was 15%, real estate was 10%, and gold was 7%. Bonds performed poorly, with a return of -5%. (News.bitcoin)
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