A recent data report presented by Michael Saylor, a well-known Bitcoin advocate and the CEO of MicroStrategy, highlights once again the supremacy of digital gold over alternative assets.
A detailed examination of the cumulative returns across asset classes from 2011 to 2023 reveals Bitcoin’s remarkable track record. For nearly every year since 2011, Bitcoin has surpassed the performance of conventional investment options. Despite occasional volatility and market downturns within the cryptocurrency sector, BTC has consistently demonstrated resilience and an upward trajectory unmatched by any other asset class.
Over the period spanning from 2011 to 2023, Bitcoin has achieved an astonishing cumulative return of 1,120,785%, accompanied by an annualized return of 147.5%. These figures are truly remarkable, particularly when juxtaposed with the performance of other asset categories such as the U.S. Nasdaq 100 or U.S. Large Caps, both of which, while commendable, significantly trail behind the returns offered by Bitcoin.
Adding another layer of insight to this discussion is MicroStrategy’s Bitcoin holdings. As evident from the provided data tracker, MicroStrategy, under the guidance of Saylor, has demonstrated a strong positive sentiment toward Bitcoin. The company’s current stash comprises an impressive 158,245 BTC, valued at approximately $5.43 billion. Their portfolio showcases a strategic approach, adeptly capitalizing on Bitcoin’s price declines and subsequently leveraging its upswings. This substantial investment by a prominent institution stands as a testament to the growing confidence in Bitcoin’s long-term potential and its role as a reliable store of value.
The data further illustrates MicroStrategy’s method of consistent Bitcoin accumulation. The green purchase markers on the graph reveal a pattern of acquiring the cryptocurrency during market downturns, underscoring a sustained bullish outlook. This unwavering faith in Bitcoin is additionally substantiated by the company’s total dollar cost average and the current market price of Bitcoin, demonstrating healthy returns on their investments.