Well-known Bitcoin advocate and co-founder of MicroStrategy, Michael Saylor, made a positive statement about Bitcoin (BTC) to the global cryptocurrency community from his X account. This statement came as BTC made a sudden jump, rising 6% and rising above the $67,000 price level.
Michael Saylor shared a diagram comparing the price growth dynamics with other financial market assets over the four-year period during which MicroStrategy focused on regular Bitcoin accumulation, which began on August 20. According to this diagram, Bitcoin, the so-called digital gold, is up an impressive 460%. S&P 500 and Nasdaq indices increased by 64% and 62%, respectively. In the same period, gold gained 21% and silver gained 8%. Bonds, on the other hand, went into the red with a decrease of 19%.
Commenting on Bitcoin's strong performance among popular assets, Saylor tweeted, "If you're not winning, you're losing." MicroStrategy has been steadily accumulating BTC over the past four years and now holds 226,331 BTC worth $7.538 billion. The company's last Bitcoin purchase occurred in June, when it raised $700 million.
Earlier this year, Saylor's company held a similar fundraising campaign in March, raising an additional $500 million to purchase Bitcoin.
According to Saylor's previous tweet, MicroStrategy's share price increased by 1,203% during the above-mentioned period. This performance outpaced Nvidia's 1,050% increase. Tesla, on the other hand, gained 167% in value in the same period. MicroStrategy's stock (MSTR) was trading at $1,768 at press time.
Over the past 24 hours, Bitcoin has risen nearly 6%, reaching $67,300 following news of worldwide outages of Microsoft IT systems.
Currently, Bitcoin is trading at $66,660 and the market seems to be generally positive.
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