'Since Microstrategy adopted a bitcoin strategy, its enterprise value is up +730% (+$5 billion),' said the CEO. crypto cryptocurrency $BTC $MSTR
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO
Microstrategy has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor. The pro-bitcoin executive will be stepping down as the CEO of Microstrategy and take the role of the company’s executive chairman to focus on bitcoin.The Nasdaq-listed software company Microstrategy Inc. released its Q2 financial results Tuesday.
When comparing the performance of Microstrategy’s stock to big tech stocks since the adoption of a bitcoin strategy, Saylor noted that MSTR outperformed Alphabet/Google , Apple , Microsoft , Amazon , Facebook-owner Meta , and Netflix .Microstrategy has two corporate strategies: business analytics and bitcoin.
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