In a recent data presentation by Michael Saylor, a well-known Bitcoin advocate and the CEO of MicroStrategy, the remarkable superiority of digital gold over traditional assets has been vividly highlighted.
An in-depth examination of the total returns across asset classes, spanning from 2011 to 2023, underscores Bitcoin’s outstanding performance. Since 2011, Bitcoin has consistently outshone conventional investment options in nearly every year. Despite occasional market turbulence and cryptocurrency downturns, Bitcoin has demonstrated unwavering resilience and an upward trajectory that remains unparalleled in the world of investments.
The cumulative return on Bitcoin from 2011 to 2023 is a staggering 1,120,785%, boasting an annualized return of 147.5%. These figures are nothing short of astounding, particularly when compared to other asset classes such as the U.S. Nasdaq 100 and U.S. Large Caps, which, though solid, fall significantly behind Bitcoin in terms of returns.
What becomes abundantly clear is that there is no second-best option. The data paints a compelling picture of Bitcoin’s dominance as a leading investment choice.
Furthermore, a notable facet of this discourse centers around MicroStrategy’s Bitcoin holdings. The data reveals a strategic and bullish stance on Bitcoin under Michael Saylor’s leadership. MicroStrategy’s current Bitcoin holdings amount to an impressive 158,245 BTC, with an approximate valuation of $5.43 billion. This portfolio represents a shrewd strategy of purchasing Bitcoin during market downturns and capitalizing on its subsequent upswings. Such a substantial investment by a prominent institution serves as a testament to the growing confidence in Bitcoin’s long-term potential and its role as a reliable store of value.
The data also provides insights into MicroStrategy’s approach to Bitcoin, characterized by a consistent accumulation strategy. The green markers on the graph illustrate a pattern of purchasing during price declines, signaling a steadfast and optimistic outlook on the cryptocurrency’s future. This unwavering faith in Bitcoin is further substantiated by the company’s total dollar cost average and the present market price of Bitcoin, which reflect robust returns on their investments.