Michael Silor Bitcoin strategy gives 2,733 % return: details
Microstrategy (now strategy, with MSTR MBC Code) co -founder and explicit president, Michael Sailor, Share tweet To celebrate his new company teacher.
Silor posted a screenshot of the company’s main performance indicators, which led to his clarification of words: “The first $ 100 billion is the most difficult.”
The shot provided an insight into the outstanding performance of the strategy in terms of financial standards during the past year, especially the large revenues. The company in public continues to pay attention to its aggressive accumulation of BTC.
The strategic BTC bet led to 162 % growth
The snapshot showed that the value of the company’s shares increased by 2.09 % on the last day to $ 350.22. The company’s total evaluation also increased by $ 1.93 billion to its current value of $ 94.18 billion.
This evaluation is determined by hitting the company’s current share price through its suspended shares. Through a contract of 538200 BTC, the company explains that its decision to focus is that the owner of a prominent company in BTC becomes resulted.
One public return of 162 % is important because it shows that the value of the company’s shares has multiplied more than twice in the past 12 months. Analysts believe that large gains are due to the investor’s confidence in the vision of Silor and the high price of BTC.
Another impressive scale is the Bitcoin Strategy Enterprise (BSE). This scale measures the amount of BTC strategy strategy that has grown from its inception.
Consequently, the 2,733 % BSE return on the screenshot indicates that the company has enjoyed 27.33X’s return on Bitcoin and relevant investments since it became a company focusing on BTC. Michael Silor’s explanation of “The First $ 100 billion is the most difficult” mostly indicates the challenges the company faced before reaching the current market value.
Bitcoin Bitcoin strategy draws mixed reactions
Meanwhile, there was criticism and praise for the strategy decision to become the first institutional BTC bearer. Critics express his fears that it is very risking for the company closely linking its evaluation to the encrypted currency, which often suffers from significant price fluctuations.
However, supporters of this approach believes that the company will benefit from this method in the long run, as it is very likely that digital assets will continue to estimate the value.
The exceptional performance figures of Michael Celor’s tweet indicate that the BTC Strategy’s Strategy’s approach was a remarkable success for its shareholders during the past year.
If the maximum strategy market eventually exceeds 100 billion dollars, it may inspire other companies to follow their steps. The company’s evaluation is currently 91.31 billion dollars, based on Data From pubic.com.
As I mentioned earlier by U.today, when BTC recorded a significant price increase, tweets Sailor, “Bitcoin climbs”.