Michael Saylor said Strategy has delivered a 42% annualized return, topping Bitcoin’s 33% and the Nasdaq 100’s 18%. Strategy, formerly known as MicroStrategy, is one of the public companies with the largest Bitcoin holdings in the world. According to Saylor, the company’s use of debt financing to buy Bitcoin has helped its leveraged approach outperform both direct Bitcoin exposure and the Nasdaq 100 index. The update was carried by Techub News, which cited Cointelegraph as the source.
Michael Saylor said Strategy has posted a 42% annualized return, ahead of Bitcoin’s 33% and the Nasdaq 100’s 18%.
Strategy, formerly known as MicroStrategy, is one of the publicly listed companies with the largest Bitcoin holdings globally. The company has used debt financing to buy Bitcoin. Saylor said that leveraged approach has allowed Strategy to outperform both direct Bitcoin holdings and the Nasdaq 100 index.
Techub News carried the update and cited Cointelegraph as the source.
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