đš MicroStrategy Beats Warren Buffettâs Warning 4 years In
Four years into its bold Bitcoin strategy, MicroStrategy has reaped significant rewards, challenging even the cautious stance of legendary investor Warren Buffett. The companyâs decision to adopt Bitcoin as its primary treasury reserve asset has paid off handsomely, propelling its stock value far beyond traditional investments.
Since its first Bitcoin purchase on August 10, 2020, MicroStrategy has amassed a staggering 226,500 BTC, valued at approximately $13.771 billion. Acquired at an average price of $37,000 per BTC, the company now sits on unrealized profits of around $5.39 billion, with Bitcoin trading near $60,500.
Despite these massive gains, CEO Michael Saylor remains committed to holding and even increasing the companyâs Bitcoin reserves, signaling a long-term bullish stance on the cryptocurrency.
Beating Buffett at His Own Game đ„
MicroStrategyâs stock (MSTR) has surged by 1,000% since its initial Bitcoin purchase, significantly outpacing Bitcoinâs own returns and dwarfing the 104.75% gain of Warren Buffettâs Berkshire Hathaway (BRK.A) during the same period. This performance highlights the stark contrast between Saylorâs aggressive Bitcoin strategy and Buffettâs traditional, cautious approach to investing.
While Buffett and his late associate Charlie Munger have famously criticized Bitcoin, calling it ârat poison squaredâ and predicting its downfall, MicroStrategyâs stock has outperformed not only Berkshire Hathaway but also Buffettâs top holdings like Apple, American Express, and Bank of America.
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