When Bitcoin Hodling Becomes a Stock Superpower
MicroStrategy is blazing trails again. Since 2020, this once-forgotten company is mooning, shattering every stock in the S&P 500 like it’s running on jet fuel. Onchain sleuths at Arkham Intelligence revealed that MicroStrategy has zoomed past all the blue-chip dinosaurs. Not just a little either—over 1,540% gains. In contrast, the whole S&P 500 barely scratched up a 111% increase. It’s a big deal, but not surprising to the ones who saw Michael Saylor betting big on the orange coin. That’s right, Bitcoin’s been sitting on MicroStrategy’s balance sheet like some vault-bound treasure since August 2020, and it’s paying off in ways few expected.
Retail money flooded into those funky MicroStrategy ETFs, hungry for more Bitcoin exposure, pushing assets over $400 million. Those who think Bitcoin ETF buzz is yesterday’s news didn’t check the receipts. MicroStrategy plays the middleman, and people are loving it. While everyone else flounders, MicroStrategy’s stock rockets—leveraged to the max and feeding off Bitcoin’s magic.
Tyler Durden Calls the Shots
Then, you’ve got the wildcards like Tyler Durden, throwing out predictions like they’re cheat codes. On X (yup, that’s Twitter now), he posted a cryptic chart on Oct. 16, saying: “The secret Wall Street doesn’t want you to know is – the bigger the grey box, the bigger the bounce.” What’s he hinting at? More fireworks for MicroStrategy stock.
If Durden’s chart holds water, the upside for MicroStrategy could still be brewing. The synergy between Bitcoin’s price pumps and MicroStrategy’s stock is undeniable. It’s a feedback loop few can figure out, but for now, it looks like Saylor’s move to be a Bitcoin vault was a galaxy-brain play.
S&P 500 Status? Not Yet, Bro
But just because MicroStrategy’s stock is rocketing doesn’t mean it’s hitting the S&P 500 anytime soon. According to Seoyoung Kim from Santa Clara University, the company hasn’t hit profitability consistently. Saylor might’ve stacked sats, but it’s not enough to get past the index gatekeepers. Kim called it like it is: “MicroStrategy has consistently seen a negative bottom line, except for that Q4 2023 anomaly.”
So yeah, it’s pumping hard, but profitability? That’s a different game.
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