In the past five years, Strategy (formerly MicroStrategy) has delivered nearly 2,000% returns to investors, with a market cap of $95 billion and $80 billion in Bitcoin holdings. The company’s success is attributed to a strategic shift towards Bitcoin accumulation, making it the largest corporate holder of Bitcoin globally, with 640,031 BTC.

Despite outperforming Bitcoin since early 2024, Strategy’s stock price has recently stagnated, raising concerns about sustainability. Investors have begun valuing Strategy higher than its Bitcoin holdings, leading to market parity. The Bitcoin treasury company model has faced scrutiny for its long-term viability, with critics questioning the sustainability of continually raising capital for Bitcoin purchases.

As Strategy’s stock performance lags behind Bitcoin in 2025, investors face the choice between investing in Bitcoin directly or through proxy stocks like MARA or Strategy. While Strategy’s innovative approach has yielded impressive results, the long-term outlook suggests direct investment in Bitcoin may be more favorable. The company’s stock has recently shown downward momentum, prompting caution among investors.

Read more at Nasdaq: Could Buying Strategy (MicroStrategy) Stock Today Set You Up For Life?