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A recent data sheet provided by Michael Taylora renowned Bitcoin advocate and CEO of MicroStrategy, further underlines digital gold’s dominance over other assets.
A meticulous look at the asset class total performance sheet, spanning from 2011 to 2023, shows Bitcoin’s exceptional performance. Almost every year since 2011, Bitcoin has outperformed other traditional investment vehicles. While there have been times of volatility and declines in the cryptocurrency market, BTC has demonstrated resilience and an upward trajectory that no other asset class can match.
Its cumulative return between 2011 and 2023 is a staggering 1,120,785%, with an annualized return of 147.5%. These numbers are staggering, especially when compared to other asset classes such as the US Nasdaq 100 or US large caps, which, although strong performers, lag far behind in rate of return. of Bitcoin.
Another telling dimension of this conversation is MicroStrategy’s Bitcoin wallet. From the tracker provided, it is evident that MicroStrategy, under Saylor’s leadership, has been bullish on Bitcoin. The company’s current holdings amount to an impressive 158,245 BTC, valued at approximately $5.43 billion. His portfolio indicates strategic purchases, capitalizing on Bitcoin’s declines and subsequently taking advantage of its rises. Such a considerable investment by a major institution is testament to the growing faith in the long-term potential of Bitcoin and its role as a store of value.
The data also describes MicroStrategy’s approach to Bitcoin as one of constant accumulation. The green buy markers on the chart illustrate a buy on dips pattern, signifying a long-term bullish stance on the cryptocurrency. This conviction in Bitcoin is further reflected in the company’s total dollar cost averaging and the current market price of Bitcoin, indicating healthy returns on its investments.
