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<ul class="wp-block-list news-points"> 
 <li>MicroStrategy has achieved 1,113% stock growth since adopting Bitcoin strategy.</li> 
 <li>The company has outperformed S&amp;P 500 giants like NVIDIA and Arista Networks over the past four years.</li> 
 <li>With Bitcoin’s appreciation, MicroStrategy sees an unrealized profit exceeding $6 billion.</li> 
</ul> 
MicroStrategy, under the leadership of founder Michael Saylor, has witnessed a stunning 1,113% increase in its stock price since adopting a <a href="https://coinedition.com/microstrategy-planned-2b-bitcoin-purchase-how-btc-price-may-react/">Bitcoin-focused strategy</a> on August 10, 2020. This astronomical growth outperforms the S&amp;P 500, surpassing other top companies like NVIDIA, which saw a 1,059% increase, and Arista Networks, which recorded a 539% rise. 
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 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfX0u57zZkvjhoSAj6MYAbuw9SQ3GP_RXrT2iYvSOzdecagsfV5VVT1L5NqOLrYWvdgNGVsuSue9f55cs4yX0V0UZBUcKKT5ogxK95FV7Ym8FOogr9fbQ29gPmTfpUqWYoCGjUvFrgLYDuxJ5oFNJDbkSFN?key=bty3Ofc67RdsNQ4NfhPzUw" alt="">
</figure> 
The company’s bold move into Bitcoin involved a huge investment. MicroStrategy bought roughly 226,500 bitcoins at an average price of $37,013.69 per bitcoin, spending over $8.38 billion. As of the latest data, those Bitcoin holdings are now worth about $14.45 billion. 
<a href="https://x.com/saylor/status/1827681542304338128?t=ysmT-bc3ZXF2yRws7Yk7yQ&amp;s=19" target="_blank" rel="nofollow">Data</a> from FactSet, as of August 23, 2024, shows MicroStrategy’s lead among S&amp;P 500 companies in terms of stock performance since the strategy’s inception. While other S&amp;P 500 companies have seen substantial growth, none have matched the scale of MicroStrategy’s success…
The post <a href="https://coinedition.com/this-company-beat-nvidia-the-sp-500-all-thanks-to-bitcoin/">This Company Beat Nvidia &amp; the S&amp;P 500: All Thanks to Bitcoin</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

This Company Beat Nvidia & the S&P 500: All Thanks to Bitcoin

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