MicroStrategy’s (MSTR) stock has surged by an impressive 288 percent in 2023 surpassing Apple’s five-year performance, and even outperforming Bitcoin’s spot price in 2023.
MicroStrategy Inc. (MSTR) reports over $2 billion in profits from its Bitcoin holdings as the cryptocurrency exceeds $42,000.
While Bitcoin (BTC) has recorded staggering gains this year, MicroStrategy – the largest corporate holder of Bitcoin – has also registered massive gains. The Microstrategy (NASDAQ: MSTR) stock price is up by a staggering 288 percent since the beginning of 2023, currently trading at $563.
Interestingly, it turns out that MicroStrategy has also outperformed the largest tech company Apple Inc. on a five-year chart. In the latest market revelation from YCharts, MicroStrategy has taken the lead with an astounding 332.6 percent surge in its shares, surpassing even the impressive 307.9 percent rise witnessed by tech giant Apple.
MicroStrategy’s strategic move to invest in Bitcoin stands o
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