According to Coinetelgraph: MicroStrategy’s stock has surged over 1,500% since 2020, vastly outperforming the S&P 500 index, which rose just 111% during the same period. As the first publicly traded company to hold Bitcoin on its balance sheet, MicroStrategy’s strategic investment in cryptocurrency has fueled its remarkable growth, with many market analysts predicting continued bullish momentum.

MicroStrategy flows. Source: Arkham Intelligence

According to on-chain intelligence firm Arkham, MicroStrategy has outperformed every company in the S&P 500 since August 2020. This performance aligns with the growing popularity of MicroStrategy’s leveraged Bitcoin exchange-traded funds (ETFs), which surpassed $400 million in net assets by September 2024, driven by strong retail demand for leveraged exposure to Bitcoin.

MicroStrategy’s Growth Potential Continues to Impress

Crypto analyst Tyler Durden predicts further upside for MicroStrategy stock. Durden’s analysis, shared on Oct. 16, indicates that the stock may experience additional momentum, supported by its steady growth. Over the past four years, the stock’s 1,540% surge has far exceeded the S&P 500’s 111% rise, making MicroStrategy a standout performer in the financial markets.

MicroStrategy/WETH, two-hour chart. Source: Tyler

However, despite this stellar performance, market experts believe that MicroStrategy is unlikely to be added to the S&P 500 index soon. Seoyoung Kim, a finance professor at Santa Clara University, explains that the company has not consistently posted positive net income—a key requirement for S&P 500 inclusion.

Still, MicroStrategy’s strong growth, driven by its bold Bitcoin strategy, continues to attract investor attention, suggesting more gains may be ahead.