Michael Saylor, founder of MicroStrategy (ticker: MSTR) and the largest single corporate holder of Bitcoin, said that the stock of MSTR has increased by 477% year to date (YTD) amidst the "Red Wave" seen in the US political landscape this year. Saylor made the comments during an interview with CNBC on Thursday. He said that the recent rally in MSTR stock is due to a number of factors, including the company's strong performance in recent quarters and the increasing adoption of Bitcoin by institutional investors. Saylor also said that he believes that Bitcoin is a "store of value" and that it will continue to appreciate in value over time. He said that he is confident that MSTR stock will continue to perform well as the adoption of Bitcoin continues to grow.