Microstrategy Outperforms 97% of S&P 500 stocks With Bitcoin Investment!
The value of MicroStrategy (MSTR) stock has outperformed many stocks with Bitcoin (BTC) strategy adoption in August 2020.
As per Senior exchange-traded fund (ETF) analyst Eric Balchunas, the company has ‘easily’ trounced small and large companies, including Bitcoin itself.
During Q2 2002, MSTR reported quarterly revenue of $122.1 million against expectations of $126 million.
MicroStrategy has registered returns of 25.17%, while S&P 500 is trailing MSTR at 27.40%. The stock’s returns compared to Bitcoin stand at 98.28%.
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