Michael Saylor showcases 1,325% MicroStrategy stock gain and Bitcoin reaching new all-time high

From Investing.com

September 30, 2024 1:00:21 pm:

Michael Saylor, CEO of MicroStrategy, stirred up the crypto space with a viral post titled “Hodl On,” showcasing the price performance of BTC, MSTR stock, and S&P 500 since adopting the Bitcoin strategy. MicroStrategy stock saw a 1,325% increase, while BTC offered a 451% return over four years. Bitcoin hit a new all-time high of $74,000, outperforming S&P’s 71% increase.

Saylor’s bullish Bitcoin stance remains strong as the cryptocurrency recently surpassed $65,000 after a weekend dip to $63,500, raising concerns about potential further declines to $62,300 or even $58,000. Despite short-term fluctuations, Saylor emphasizes a long-term view, evident in his post reaffirming faith in Bitcoin’s potential growth.

Read more at Investing.com: Bitcoin Bull Michael Saylor Flexes 1,325% Gain in Viral ‘Hodl On’ Post By U.Today