Here's How Much $10K in MSTR in January Would Be Worth Today

A $10K investment in MicroStrategy at the year's start would now be worth $54,200, thanks to Bitcoin gains.

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Dec 19, 2024
Summary
  • MicroStrategy's Bitcoin strategy and Nasdaq-100 inclusion turn a $10K investment into $54,200 in 2024.
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With a startling 442% increase, MicroStrategy (MSTR, Financial) has become one of the best-performing companies for the year. Investors who invested $10,000 in its stock at start of 2024 would see their investment increase to $54,200 today, highlighting the company's incredible turnabout and strategic reorientation.

Two key causes are driving MicroStrategy's significant stock increase. First, given the value of Bitcoin (BTC) skyrocketed to over $107,000, its massive holdings in the asset ballooned in the process . Originally starting its
aggressive Bitcoin acquisition campaign in 2020, MicroStrategy today has the biggest corporate portfolio of digital assets.

Second, MicroStrategy's impending Nasdaq-100 Index membership announcement was another major lift for the stock. The achievement emphasizes the company's growing market share and should draw more institutional investment, improving the stock's performance.

MicroStrategy's explosive climb shows the potential—and volatility—of cryptocurrency-driven corporate strategies as it enjoys the benefits of its high-risk Bitcoin approach and more market acceptance.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure