Michael Saylor Reveals The Only Thing ‘Better Than Bitcoin’ As MSTR Stock Outperforms

Source Bitcoinist

Doubling down on his unwavering belief in the leading cryptocurrency, MicroStrategy’s founder Michael Saylor, has declared that the only thing better than Bitcoin (BTC) is more Bitcoin. Backed by real data, Saylor’s bold conviction appears justified, with MicroStrategy stock (MSTR) spiking rapidly and outperforming BTC’s rally.

MSTR Outpaces Bitcoin And Wall Street Giants

Saylor is reinforcing his long-held stance on Bitcoin, now claiming in a recent X social media post that the only thing better than BTC in recent years is acquiring more of the flagship cryptocurrency. According to data from a well-curated horizontal bar chart by Strategy B, MicroStrategy’s stock has delivered an eye-popping 3,588% return during what’s being called the “Bitcoin Standard era.” 

More interestingly, the charts also show that MicroStrategy’s impressive pump has far outpaced Bitcoin’s price surge, which recorded a 905% gain over the same period. This stark contrast underscores a more than 3X outperformance by MSTR compared to BTC, highlighting the amplified returns from Saylor’s aggressive Bitcoin accumulation strategy. 

Notably, Saylor’s bold assertion that “the only thing better than Bitcoin is more Bitcoin” reflects not only the amazing performance of the cryptocurrency but also the exponential effect of aligning corporate strategy around it. This era-defining performance has placed MSTR at the top of the chart, eclipsing even Wall Street giants and traditional equity benchmarks such as QQQ (up 106%), SPY (up 86%), and GLD (up 62%). Even more striking is the underperformance of Real Estate (VNQ) and bond funds (BND), which delivered just 9% and 19% gains, respectively—a stark contrast in a market where capital allocation has never mattered more. 

Over the past few years, MicroStrategy has taken an unapologetically competitive approach towards Bitcoin accumulation, converting large portions of its balance sheet into BTC and using both equity and convertible debt to purchase more coins. While the flagship cryptocurrency remains the best-performing asset of the decade by most traditional standards, Saylor’s leveraged BTC play through MSTR has proven to be one of the most explosive and profitable bets. 

MSTR Stocks Hit Highest Market Cap Value

On July 16, Saylor took to X again to announce that MSTR stocks have reached its highest market capitalization to date, closing the day at $455.90 per share after a 3.05% jump. This development marks a major milestone for the company, which now commands a total market cap of $128.5 billion and an enterprise value of $140.2 billion. 

Notably, the rally is being driven by strong performance in both MSTR shares and BTC, which the company has accumulated in large amounts over the past few years. MicroStrategy’s valuation is anchored in its massive Bitcoin reserve of 601,550 BTC, now worth more than $72.1 billion.

 With the cryptocurrency priced at $119,887 at the time of the post, Saylor’s leveraged bet has outpaced the asset’s performance. MSTR has also gained 174% over the past year, while trading activity remains high, reflected in its average 30-day volume of $5.41 billion.

Bitcoin
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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