MicroStrategy Outperforms Apple Microsoft and Amazon in Big Tech Sector with Remarkable 357 Growth Thanks to Bitcoin Strategy
Article Rewrite:
Key Points:
– MicroStrategy has experienced a staggering growth rate of 357.78% in the past year, surpassing tech giants like Apple and Microsoft.
– Even NVIDIA’s impressive growth of 175.37% couldn’t match MicroStrategy’s performance.
– House of Chimera’s latest post highlights MicroStrategy’s outperformance of top S&P 500 stocks.
– Let’s explore a comparative analysis to see how MicroStrategy’s performance measures up against industry giants.
MicroStrategy’s Bitcoin Strategy Outshines Major S&P 500 Stocks
MicroStrategy’s growth of 1,071%, driven by its Bitcoin strategy, surpasses leading S&P 500 companies like Nvidia (939%) and Arista Networks (591%).
This demonstrates the significant returns made possible through Bitcoin…
— House of Chimera (@HouseofChimera)
September 24, 2024
Taking a Closer Look at the Numbers
While major S&P 500 stocks like Apple Inc., Microsoft Corp., NVIDIA Corp., and Amazon.com Inc. have shown steady growth, MicroStrategy’s remarkable performance of +357.78% over the past year puts it ahead. Let’s break down the numbers:
MicroStrategy’s Impressive Surge
At the beginning of the year, MicroStrategy’s stock was valued at $68.35. By March 27, as Bitcoin reached its yearly peak, the stock soared to $195.03. In September, it dipped to a monthly low of $114.13 but has since rebounded and is currently trading at $149.97, marking a 2.09% increase in the past month. The stock’s bullish trend is evident, with an outstanding yearly return of over 357%.
Apple’s Modest Growth
Over the last twelve months, Apple Inc. has experienced a growth rate of just 28.62%. Starting the year at around $187.13, the stock has remained relatively flat. It reached a peak of $236.12 on July 15 and is currently valued at $226.47. In the past month, the market has witnessed a negative growth rate of 0.31%.
Microsoft’s Steady Climb
Microsoft Corp. has recorded a gain of 36.52% over the last year. Opening the year at $373.89, the stock reached its peak of $467.45 on July 5. It is currently priced at $433.51, reflecting a 4.84% increase in the past month, indicating steady growth.
Amazon’s Strong Rebound
Amazon.com Inc. has shown notable growth, with a 47.70% increase over the past year. Starting at $151.34, the stock surpassed $200 in July and is now trading at $193.88, marking an impressive 10.47% rise in the past month.
NVIDIA’s Stellar Year, But Still Behind
Among the S&P 500, NVIDIA Corp. has displayed the most impressive performance, with a growth rate of 175.37% over the last year and 141.35% returns this year alone. Despite this, it falls short of MicroStrategy’s remarkable gains. While NVIDIA’s stock reached a yearly peak of $139.64 on June 20, it has since been fluctuating between $130 and $91.59. Currently valued at $116.26, it has experienced an 8.07% drop in the past month, the sharpest decline among the top stocks.
Final Verdict:
House of Chimera’s post was not an exaggeration: MicroStrategy has indeed outperformed some of the biggest names in the S&P 500 over the past year. While Apple, Microsoft, Amazon, and NVIDIA have shown strong growth, none have matched the exceptional performance of MicroStrategy, which continues to benefit from its bold Bitcoin-backed strategy. It’s truly surprising that a company betting big on Bitcoin has outshined some of the biggest names in tech.