Here's how much MicroStrategy stock gained since first Bitcoin investment in 2020 

In a bold and groundbreaking move, Michael Saylor’s MicroStrategy revolutionized corporate finance by embracing Bitcoin ($BTC) as its primary treasury reserve asset in 2020.

This visionary decision, announced exactly three years ago, sent shockwaves through the business world, solidifying MicroStrategy’s position as a trailblazer in the realm of digital assets.

The move was made as part of MicroStrategy’s first-ever investment in Bitcoin, with the business intelligence firm acquiring 21,454 $BTC for roughly $250 million, or $11,653 per coin.

MicroStrategy’s bet on Bitcoin can be characterized as a resounding success, demonstrated by substantial returns on investment and a notable positive influence on the company’s stock price.

Since August 10, 2020 – the day MicroStrategy unveiled its Bitcoin-focused strategy – MicroStrategy’s (NASDAQ: MSTR) shares surged 206%, from around $123 per share to today’s price of over $375 per share, according to data shared by Michael Saylor on August 10.

Bitcoin and equity returns since MicroStrategy’s initial investment

Over that 3-year period, Bitcoin’s price rallied 145%, skyrocketing from more than $11,600 to about $29,400. The return on investment is exceptional for MicroStrategy, even though Bitcoin is trading significantly lower than its all-time high of almost $69,000.

MicroStrategy continued to invest aggressively in $BTC since the first acquisition, even in the worst market downturns. The firm owns 152,800 Bitcoin as of August 1, 2023. The average purchase price currently stands at $29,672 per Bitcoin, with a total cost of $4.53 billion.

Meanwhile, Saylor’s chart also clearly highlights the margin by which Bitcoin outperformed the price returns in the S&P 500 and Nasdaq since August 2020, with the two stock indexes gaining just 33% and 25% during the period.

Biggest commodities like gold and silver lost 5% and 19% in value since then, respectively, while bonds plummeted 18%.