{"id":18811,"date":"2024-11-21T19:47:06","date_gmt":"2024-11-21T17:47:06","guid":{"rendered":"https:\/\/forklog.com\/en\/microstrategys-stock-outpaces-bitcoin-by-fivefold-since-january\/"},"modified":"2024-11-21T19:47:06","modified_gmt":"2024-11-21T17:47:06","slug":"microstrategys-stock-outpaces-bitcoin-by-fivefold-since-january","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/microstrategys-stock-outpaces-bitcoin-by-fivefold-since-january\/","title":{"rendered":"MicroStrategy&#8217;s Stock Outpaces Bitcoin by Fivefold Since January"},"content":{"rendered":"<p>Since the beginning of the year, MicroStrategy&#8217;s shares have surged by 650.2%, while the digital gold has risen by 123.1%. These figures are provided by<a href=\"https:\/\/www.mstr-tracker.com\/\"> MSTR Tracker<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image-1-13.webp\" alt=\"image-1-13\" class=\"wp-image-245843\"\/><figcaption class=\"wp-element-caption\">Data: MSTR Tracker.\u00a0<\/figcaption><\/figure>\n<p>The illustration also highlights MSTR&#8217;s advantage over the S&#038;P 500 index (24.2%), Nvidia shares (194.6%), and other members of the &#8220;<a href=\"https:\/\/www.investopedia.com\/magnificent-seven-stocks-8402262\">Magnificent Seven<\/a>&#8220;.<\/p>\n<p>The company&#8217;s total market value has exceeded $96 billion, reflecting an increased <span data-descr=\"net asset value\" class=\"old_tooltip\">NAV<\/span> to the valuation of the 331,200 BTC held on its balance sheet to 3.3x compared to 1.15x at the start of the year.<\/p>\n<p>This metric&#8217;s dynamics show a divergence in capitalization growth relative to the increase in the price of digital gold over the same period.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1313.webp\" alt=\"1-1313\" class=\"wp-image-245844\"\/><figcaption class=\"wp-element-caption\">Data: MSTR Tracker.<\/figcaption><\/figure>\n<p>On November 20, amid new records for the leading cryptocurrency, the company&#8217;s unrealized profit from bitcoin investments momentarily<a href=\"https:\/\/bitcointreasuries.net\/\"> exceeded $16 billion<\/a>. The market value of the coins was twice the book value.<\/p>\n<p>The day before, MicroStrategy announced plans to issue five-year senior convertible bonds worth $1.75 billion to purchase digital gold. Later, the firm increased the issuance volume<a href=\"https:\/\/www.businesswire.com\/news\/home\/20241120130094\/en\/MicroStrategy-Announces-Pricing-of-Offering-of-0-Convertible-Senior-Notes\"> to $2.6 billion<\/a>.<\/p>\n<p>Earlier, ForkLog reported on the preparation of a presentation by MicroStrategy founder Michael Saylor on December 10 to Microsoft&#8217;s board of directors, proposing the use of the leading cryptocurrency as a treasury reserve asset.<\/p>\n<p>In October, MicroStrategy unveiled the &#8220;Plan 21\/21,&#8221; aimed at raising $42 billion over the next three years to purchase digital gold.<\/p>\n<p>Back in previous statements, Saylor expressed his intention to transform the company into a bitcoin bank with a capitalization of $1 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the beginning of the year, MicroStrategy&#8217;s shares have surged by 650.2%, while the digital gold has risen by 123.1%. These figures are provided by MSTR Tracker. Data: MSTR Tracker.\u00a0 The illustration also highlights MSTR&#8217;s advantage over the S&#038;P 500 index (24.2%), Nvidia shares (194.6%), and other members of the &#8220;Magnificent Seven&#8220;. The company&#8217;s total [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1207],"class_list":["post-18811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"107","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=18811"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/18810"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=18811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=18811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=18811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}