MicroStrategy outperforms Microsoft’s all-time stock returns as Bitcoin bets are priced.

MicroStrategy's bet on Bitcoin is paying off as it surged more than 7 percent on October 25 to hit a new 25-year high of $236.

The world's largest corporate bitcoin holder continued a six-week rally that saw its shares outperform Microsoft as the tech giant prepares to vote on its proposal to publicly list bitcoin (BTC) on its balance sheet.

“Microstrategy is rising to a new high!” In response to the software company's share price movement on October 24, the crypto community, Crypto Coin Trainer, posted on X.

“Crushing every company without Bitcoin on their balance sheet”.

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Microstrategy's stock outperformed Microsoft

Over the past five years, MicroStrategy stock has outperformed every company in the S&P 500 index, which has fueled market expectations for continued bullish momentum thanks to BTC holdings.

The latest rally has seen the software company's stock surpass Microsoft's all-time performance, as shown in the chart below.

MicroStrategy has outperformed Microsoft since its 1999 Nasdaq listing, a gain of about 1,570%.MSFT is up 1,467% in its respective US dollar pairs.

Microstrategy's gains in recent years can be attributed to its Bitcoin buying strategy, acquiring the largest corporate BTC owner account in the world. The Michael Saylor-led company began buying and holding Bitcoin in 2020 due to declining revenue from its software business.

In its most recent purchase, the company received approximately 7,420 BTC in cash for $458.2 million between September 13 and September 19, bringing its holdings to 252,220 Bitcoin, which is worth $17 billion at current prices.

This represents over 1% of all Bitcoin ever mined.

Related: Micro Strategy Collection for Profits; ‘Don't be afraid of the premium,' says the analyst.

MSTR marched towards a $50B market cap.

A microstrategy declining stock is increasing its market value, reflecting heightened investor enthusiasm.

The latest rally saw the stock's market capitalization reach $43.35 billion, ranking MicroStrategy 477th by market value, according to companies' market cap data. That's just 8% of its $50 billion market cap.

Meanwhile, MSTR's trade volume with NVDA continued to increase in 2024, reaching 17.65% of NVDA's volume in October. This was on October 11 when Microstrategy saw a trade of 30 million compared to NVD 170 million, according to data from Investing.com.

Similarly, MicroStrategy's net asset value (NAV) continues to expand once again as the Bitcoin price hovers around $68,000, putting the NAV premium at almost 3, the highest level since the beginning of 2021, according to MSTR tracking data.

Along with the price rally, rising market prices and trading volumes can be an indication that MicroStrategy stocks will rise in the coming months and years.

This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.