MicroStrategy’s Bitcoin Outperformance Continues As MSTR Stock Gains 15%

The MicroStrategy stock bounced back 22% over the last week as BTC price stages major recovery to $65,000. Investors accumulate before the stock split.

Microstrategy, the world’s largest corporate holder of Bitcoins, witnessed its MSTR share price surging by 15% on Monday’s trading session and giving a close at $1,611. This rally follows the Bitcoin price pump to $65,000 as BTC registers double-digital gains just over the last three trading sessions.

MicroStrategy Outperforms Bitcoin

Microstrategy (MSTR) has outperformed Bitcoin at every stage throughout the last year and continues to do so even today. While the Bitcoin price is up by 13% on the weekly chart, the MSTR share has gained more than 22% in the last five trading sessions.

Since the beginning of 20224, the MSTR share price has gained by a massive 135% while Bitcoin has gained 44% during the same time. Similarly, on the yearly chart, the MSTR stock is up by a massive 258%.

Of course, this current outperformance of MicroStrategy comes due to the company’s massive Bitcoin holdings on its balance sheet. Furthermore, MicroStrategy recently announced the MSTR stock split in the ratio of 10:1 to make the stock accessible to investors after its massive run-up over the past year. Ever since MicroStrategy decided to hold Bitcoins as part of its reserves, MSTR has outperformed some of the top tech giants on Wall Street, including Nvidia (NASDAQ: NVDA).

Crypto firms Adopt the Bitcoin Playbook

Following MicroStrategy’s success other small and mid-tier companies are also considering having Bitcoin holdings on their balance sheet and thus boost their share price. Metaplanet, also popular as Japan’s MicroStrategy, has accumulated 225 Bitcoin in the last two months of buying during the BTC price dips. During this period, the share price of Metaplanet has surged by 500%.

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