MicroStrategy’s 357% Rise: Outperforming S&P 500 Titans Like NVIDIA and Amazon!
For many, it will be a shocking thing to know what House of Chimera’s latest post reveals. The post states that the Bitcoin-backed MicroStrategy has outperformed the top S&P 500 stocks. Let’s do a comparative analysis to understand the scenario better.
Bitcoin-Driven MicroStrategy Outperforms Major S&P 500 Stocks
🔹 MicroStrategy’s 1,071% growth driven by its Bitcoin strategy surpasses leading S&P 500 companies like Nvidia (939%) and Arista Networks (591%).
🔸 This illustrates the outsized returns possible through Bitcoin…— House of Chimera (@HouseofChimera) September 24, 2024
MicroStrategy & Top S&P 500 Stocks: A Comparative Analysis
Apple Inc, Microsoft Corp, NVIDIA Corp and Amazone.com Inc are the top four S&P 500 stocks. Let’s compare the performance of these stocks with that of MicroStrategy, which has shown an impressive performance of +357.78% in the last one year.
At the beginning of the year, the Microstrategy market was around $68.35. On March 27, after the Bitcoin market had touched a yearly peak, the Microstrategy price reached a yearly peak of $195.03. At the start of the month, the price was around $131.95. It reached a monthly low of $114.13 on September 6. Recently, the price climbed up. At present, the market looks very bullish. It stands at $149.97. In the last one month, it has seen a rise of 2.09%.
Apple INC, over the last twelve months, has seen a growth of just 28.62%. At the start of the year, the price was around $187.13. Throughout the year, the market has been in a sideways trend. On July 15, it touched a peak of $236.12. Now the market stands at $226.47. At the start of the month, the price was above $228.55. In the last one month, the market has demonstrated a negative growth of 0.31%.
Microsoft Corp, in the last year, has demonstrated a rise of just 36.52%. At the start of the year, the price was around $373.89. It touched an yearly peak of $467.45 on July 5. At the beginning of the month, the price was $417.96. Now, the price stands at $433.51. In the last month, it has recorded a growth of 4.84%.
Amazon.com Inc, in the last year, has seen a growth of 47.70%. At the start of the year, the price was nearly $151.34. It broke the $200 level in early July. This month, the market opened at a level of $176.25. In the last month, the market has witnessed a rise of 10.47%. Now, the price stands at $193.88.
Among the top S&P 500 companies, NVIDIA Corp is the one which has demonstrated highly impressive growth this year. Notably, even this company has failed to outperform MicroStrategy in terms of yearly performance. In the last one year, this company has demonstrated a growth of 175.37%. This year alone, it has recorded a return of 141.35% – as against the 118.97% recorded by MicroStrategy. Inc. At the start of the month, the price of NVIDIA Corp was $48.23.
On June 20, it touched a yearly peak of $139.64. Later, the market entered into a sideways trend, ranging between $130 and 91.59. Still, the market remains inside this range. The current price of the market is $116.26. Interestingly, in the last month, the market has displayed a fall of 8.07% – the highest compared to other top S&P 500 stocks.
Data indicates that what the expert’s post states is in no way an exaggeration: MicroStrategy has outperformed some of the top S&P 500 companies in the last year.