MicroStrategy Surpasses Microsoft in 25-Year Stock Gains with Bitcoin Bet

MicroStrategy has recently surpassed Microsoft in all-time stock gains, with its shares up over 1,500% since 1999, compared to Microsoft’s 1,460% increase during the same 25-year span. This achievement underscores how the company’s bold Bitcoin (BTC) investment strategy has paid off, propelling it to new highs. On October 25, MicroStrategy’s stock saw a notable jump of over 7%, reaching a 25-year peak at $236, marking the continuation of a six-week rally.

As the world's largest corporate holder of Bitcoin, MicroStrategy has benefited greatly from the rising value of BTC. This performance boost has positioned the company ahead of Microsoft, which recently considered adding Bitcoin to its balance sheet, pending a shareholder vote. The crypto community took note of this achievement, with Crypto Coin Coach stating, “MicroStrategy is soaring to a new all-time high… crushing every company without Bitcoin on their balance sheet.”

In the past five years, MicroStrategy (MSTR) has outperformed every company within the S&P 500 index. Its shares have climbed approximately 1,570% since its Nasdaq debut, whereas Microsoft (MSFT) has gained around 1,467% in USD value over the same period. This growth is largely thanks to MicroStrategy’s BTC acquisition strategy, led by CEO Michael Saylor. Since 2020, when the company shifted its focus from software revenue to Bitcoin accumulation, it has steadily increased its holdings.

MicroStrategy’s most recent purchase added 7,420 BTC at a cost of about $458.2 million, raising its total Bitcoin holdings to 252,220 BTC. This investment, valued at around $17 billion at current prices, now represents over 1% of all Bitcoin that will ever be mined, solidifying its position as the top corporate BTC holder.

The company’s stock rally has boosted its market capitalization, now approaching $43.35 billion, which ranks it as the 477th most valuable company globally, according to Companies Market Cap data. This figure is within 8% of reaching a $50-billion market cap, a significant milestone for MicroStrategy.

Moreover, trading volume for MSTR has surged, at times rivaling that of tech giants like Nvidia. On October 11, for instance, MicroStrategy recorded a trading volume of 30 million, which was 17.65% of Nvidia’s 170 million volume that day. Additionally, MicroStrategy’s net asset value (NAV) has grown alongside Bitcoin’s recent price surge, bringing the NAV premium to nearly 3, the highest level seen since early 2021.

This increase in trading volume, market value, and price growth reflects a strong bullish trend, suggesting that MicroStrategy’s upward momentum could persist in the months and years ahead. The company's commitment to Bitcoin continues to bolster its stock’s performance, with many investors speculating that the value could rise even further if Bitcoin prices remain robust.

As the tech sector continues to evolve and crypto adoption gains traction, MicroStrategy's strategy offers an interesting case study on the impact of Bitcoin on corporate growth and value.