Bitcoin

Apple

In what will be a shocker for many, House of Chimera’s latest post highlights that Bitcoin-backed MicroStrategy has outperformed the top S&amp;P 500 stocks. Let’s explore a comparative analysis to see how MicroStrategy’s performance measures up against industry giants like Apple, Microsoft, NVIDIA, and Amazon.   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/HouseofChimera/status/1838450794523205980 
 </div>
</figure>   
<h2 class="wp-block-heading" id="h-a-closer-look-at-the-numbers">A Closer Look at the Numbers</h2>   
The four major S&amp;P 500 stocks—Apple Inc., Microsoft Corp., NVIDIA Corp., and Amazon.com Inc.—have shown steady growth. However, MicroStrategy’s remarkable +357.78% performance over the past year puts it ahead. Here’s a breakdown of how the numbers compare:   
<figure class="wp-block-image">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24160051/image-529.png" alt="" class="wp-image-354756">
</figure>   
MicroStrategy’s Impressive Surge   
At the beginning of the year, MicroStrategy was trading at $68.35. By March 27, as Bitcoin hit its <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">yearly peak</a>, MicroStrategy’s stock surged to $195.03. In September, it dipped to a monthly low of $114.13 but has since rebounded, currently trading at $149.97, marking a 2.09% rise in the past month. The stock’s <a href="https://coinpedia.org/news/crypto-news-today-sept-24th-2024-bitcoin-ethereum-struggle-while-celestia-gains/" target="_blank" rel="noreferrer noopener">bullish trend</a> is clear, with an outstanding yearly return of over 357%.   
<figure class="wp-block-image">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24160051/image-529.png" alt="" class="wp-image-354754">
</figure>   
Apple’s Modest Growth   
Apple INC, over the last twelve months, has seen a growth of just 28.62%. At the start of the year, the price was around $187.13. Throughout the year, the market has been in a sideways trend. On July 15, it touched a peak of $236.12. Now the market stands at $226.47. At the start of the month, the price was above $228.55. In the last month, the market has demonstrated a negative growth of 0.31%.&nbsp;&nbsp;   
<figure class="wp-block-image">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24160051/image-530.png" alt="" class="wp-image-354757">
</figure>   
Microsoft’s Steady Climb   
Microsoft Corp. has posted a 36.52% gain over the last year. Its stock opened the year at $373.89 and reached its peak of $467.45 on July 5. Currently priced at $433.51, it has recorded a 4.84% rise in the last month, indicating steady growth.   
<figure class="wp-block-image">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24160051/image-529.png" alt="" class="wp-image-354755">
</figure>   
Amazon’s Strong Rebound   
Amazon.com Inc. has experienced notable growth, with a 47.70% increase over the past year. After starting at $151.34, Amazon’s stock surged past $200 in July. It now trades at $193.88, marking an impressive 10.47% rise in the past month.   
<figure class="wp-block-image">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24160050/image-528.png" alt="" class="wp-image-354753">
</figure>   
NVIDIA’s Stellar Year, But Still Behind   
Among the S&amp;P 500, NVIDIA Corp. has shown the most impressive performance, with a 175.37% growth over the last year and 141.35% returns this year alone. Despite this, it still falls short of MicroStrategy’s remarkable gains. NVIDIA’s stock hit a yearly peak of $139.64 on June 20 but has since been trading sideways, fluctuating between $130 and $91.59. Currently, it’s priced at $116.26, reflecting an 8.07% drop over the past month—the sharpest decline among the top stocks.   [post_titles_links postid="354742"]   
<h2 class="wp-block-heading" id="h-so-what-s-the-final-verdict">So, What's the Final Verdict?</h2>   
House of Chimera’s post wasn’t an exaggeration: MicroStrategy has indeed outperformed some of the biggest names in the S&amp;P 500 over the last year. While Apple, Microsoft, Amazon, and NVIDIA have shown strong growth, none have matched the exceptional performance of MicroStrategy, which continues to benefit from its bold Bitcoin-backed strategy.   
So, who would have thought that a company betting big on Bitcoin would outperform some of the biggest names in tech? But here we are!

Coinpedia Fintech News

목차

CoinPedia News

2024년 9월 24일에 게재된 다른 기사

What Happens to Bitcoin in October When September Is ‘Green’? BTC Price Prediction

RISE, the Gigagas Layer 2, announces its $3.2M Seed Round

Best Crypto to Buy Right Now September 24 – Jito, Lido DAO, Polkadot

Economy: The EU Strikes Back Against The Chinese Investigation Into Dairy Products!

Nectar AI: Cryptocurrency Trading Strategies Made Easier

Kraken Sets the Stage for European Domination with BCM Acquisition

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!