Bitcoin

MicroStrategy has turned out to be among the best performing stocks in the market. Since August 2020, its stock (MSTR) has risen by a staggering 1,620% due to its high growth Bitcoin purchase strategy. Data from Arkham Intelligence indicate that MicroStrategy performed better than every company in the S&amp;P 500 Index up to this period.This easily outperforms Bitcoin’s own returns of 426% of the same period. Its focus on Bitcoin has made it different from other tech firms such as Tesla, Apple, and Microsoft that have risen by 243% collectively. The S&amp;P 500, on its part, only appreciated 73%, proving <a href="https://cryptotale.org/microstrategy-announces-strategic-2b-bitcoin-expansion/" rel="noopener noreferrer nofollow">MicroStrategy’s</a> exceptional performance.The company’s strategy of holding Bitcoin as part of its treasury assets set it apart. This decision to convert a significant portion of its assets into cryptocurrency has paid off. The surge in Bitcoin’s value over the last few years contributed to its rise. Data shows that MicroStrategy benefited from its early move into cryptocurrency.<a href="https://cryptotale.org/microstrategy-leads-sp-500-1620-stock-rise-since-2020/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MicroStrategy Leads S&P 500: 1,620% Stock Rise Since 2020

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