- MicroStrategy has begun to reap significant profits from its Bitcoin investments, with an average price of less than $30,000.
- During the 2023 Bitcoin price rally, MicroStrategy’s shares (MSTR) have astonishingly yielded a return of 213% since the beginning of the year.
- Michael Saylor has outlined a revolutionary approach for companies to protect their capital and increase shareholder value through Bitcoin.
Saylor, the founder of MicroStrategy, one of the companies with the most Bitcoin in the world, recommends a Bitcoin strategy for seven giant companies.
Saylor’s Advice for 7 Giant Companies
Bitcoin has risen by 70% since the beginning of 2023, reaching $35,000. One of the companies with the largest Bitcoin holdings worldwide, MicroStrategy, has started to profit significantly from its Bitcoin investments, which it acquired at an average price of less than $30,000.
In a recent interview, Saylor stated that the fantastic seven companies should abandon the traditional corporate playbook for capital preservation and embrace the Bitcoin playbook. The fantastic seven companies have been responsible for most of the impressive nearly 13% increase in the S&P 500 since the beginning of this year.
These leading companies include Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Nvidia (NVDA), Meta Platforms (META), and Tesla (TSLA). Among them, only Tesla holds Bitcoin on its balance sheet. Moreover, according to the latest quarterly reports, the company continues to hold its Bitcoin without making any changes.
MicroStrategy’s shares (MSTR) have incredibly yielded a return of 213% since the beginning of the year during the 2023 Bitcoin price rally, outperforming all the fantastic seven companies. In fact, MSTR has delivered returns 3-4 times higher than what these seven companies offered. Saylor stated that most companies are feeling the effects of inflation, high interest rates, and technology-driven deflation. Therefore, he added that companies can better reward their shareholders by adopting a Bitcoin strategy, much like MicroStrategy.
Michael Saylor explained that Bitcoin offers a revolutionary approach for companies to preserve their capital and increase shareholder value. This approach involves incorporating Bitcoin (BTC) into their balance sheets and offering ways to exit the debt cycle, such as making acquisitions, buying back shares, paying dividends, and more.
MicroStrategy Continues to Add More BTC to Its Inventory
It has been three years since MicroStrategy started buying Bitcoin and adding them to its balance sheet. Last week, the company announced its latest purchase of 155 BTC worth $5.3 million. Michael Saylor highlighted Bitcoin’s total cumulative returns by showcasing its incredible 1,120,785% return from 2011 to 2023. This equates to an extraordinary annual return of 147.5%.
