Michael Saylor Issues Crucial Bitcoin Statement as BTC Soars to $68,000

Michael Saylor, a supporter and co-founder of the MicroStrategy business intelligence firm, has made a bullish statement to the Bitcoin community via a tweet coinciding with a notable price increase in the leading cryptocurrency.

Earlier today, Bitcoin briefly exceeded the $68,000 mark but has since retraced from that peak over the course of several hours.

### Bitcoin Outperforms Traditional Indices

Saylor shared a graphic illustrating Bitcoin’s dominance compared to traditional assets, highlighting its impressive growth since August 10, 2020, the date MicroStrategy made its initial Bitcoin investment.

In the past four years, Bitcoin has achieved an annualized return rate of 55%. In contrast, both the S&P 500 and Nasdaq indices only reached 14%. Gold and silver recorded returns of 5% and 2%, respectively, while bonds showed a decline of 2%.

Saylor tweeted, “Bitcoin is the only way to get ahead,” perhaps to remind the community that recently, MicroStrategy’s share price has also outperformed that of other companies, including Nvidia.