Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEOMicrostrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor.
Microstrategy’s Performance Since Adopting Bitcoin StrategyThe Nasdaq-listed software company Microstrategy Inc. (Nasdaq: MSTR) released its Q2 financial results Tuesday.
CEO Michael Saylor tweeted Wednesday:Since adopting a bitcoin strategy, MSTR has outperformed every asset class & big tech stock.
The bitcoin strategy is to “acquire and hold bitcoin long-term; purchase bitcoin through use of excess cash flows, and debt and equity transactions,” according to the company’s Q2 financial results presentation.
He detailed:As executive chairman, I will be able to focus more on our bitcoin acquisition strategy and related bitcoin advocacy initiatives.
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