MicroStrategy Or Nvidia? MSTR Stock Outperforms World’s Largest Chip Manufacturer

MicroStrategy stock MSTR has outperformed NVIDA, the leading chip manufacturer and other top Wall Street firms
By Godfrey Benjamin
MicroStrategy Or Nvidia? MSTR Stock Outperforms NVDA

Highlights

  • MicroStrategy has seen a 1339% growth in 4 years
  • This performance as Michael spotlighted is better than NVIDIA's
  • The Bitcoin bull says investors are better off to copy MSTR than NVDA

MicroStrategy’s stock (MSTR) has jaws dropping at the sight of the performance it has recorded in the last four years. This growth just at the time the company adopted its thriving Bitcoin (BTC) strategy. 

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The Meteoric MSTR Growth Trend

A chart from FactSet shows that from August 10, 2020, till July 19, 2024, MicroStrategy stock has seen a surge of 1339%. By this growth, MSTR has outshined some other companies’ stock including that of leading chip manufacturer NVIDIA. Noteworthy, NVDA has seen only about 956% growth during the same period. Compared to NVDA’s growth, MSTR recorded 40% more.

Other stocks on the chart were Tesla (TSLA) with 153% growth, Google (GOOG) at 140%, and Microsoft (MSFT) at 110% amongst others. Amazon (AMZN) was at the tail end of the FactSet chart with only a 16% increase in the span of 4 years.

In the last few weeks, the MSTR stock has truly seen growth. During Monday’s trading session, MSTR share price surged by 15% and closed at $1,611. It is worth noting that this rally followed the BTC price pump to $65,000 as BTC registered double-digital gains just over the last three trading sessions at the time.

In the six months, MSTR has gained up to 135%, more than many other stocks have.

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MicroStrategy’s Bitcoin Strategy Influences MSTR

Per its performance, MicroStrategy CEO Michael Saylor who shared the chart stated that it is easier to copy MSTR than NVDA.

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MicroStrategy’s Bitcoin accumulation strategy has contributed significantly to the recognition and traction that MSTR has received over the years. The company has remained consistent and committed to this strategy. Last month, MicroStrategy scooped additional 11,931 Bitcoins at an average price of approximately $65,883 per Bitcoin. 

The purchase was made with an initially announced $800 million convertible notes offerings. After the acquisition, Saylor announced that MicroStrategy now holds a total of 226,331 Bitcoin units acquired at an average price of $36,798 per BTC, totaling approximately $8.33 billion.

In a plot twist, the stock of the business intelligence and software company has seen more growth than BTC. For context, within the last one year BTC has surged by a total of 124.89% according to data from CoinMarketCap. Insights from Google Finance data shows that MSTR has registered over 307% increase in the same period. 

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Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin
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