MicroStrategy’s stock price tripled in 3 years after buying Bitcoin

2023-08-12 01:11:00
[블록미디어 이제인 기자]The share price of MicroStrategy (MSTR), which buys bitcoin when there is enough money, tripled in three years following the first bitcoin purchase.

Michael Thaler, the founder of MicroStrategy, said on the 11th (local time), “Three years ago today, MicroStrategy adopted Bitcoin as its top reserve asset.” shared

According to the data he shared, MicroStrategy’s share price has risen 206% over three years, surpassing even Bitcoin, which has risen 145%.

MicroStrategy share price growth rate – capture from Michael Sailor’s tweet

During the same period, the S&P 500 and Nasdaq rose only 33% and 25%, respectively.

Gold, silver and bonds fell on the contrary.

Michael Sailor explained, “Three years ago I bought 21,454 BTC worth $250 million at $12,653 each.” MicroStrategy has been steadily buying bitcoin since then, and the current number of holdings reaches 152,333.

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