Michael Saylor Shares Victory Tweet About Bitcoin and MicroStrategy

Michael Saylor, the cofounder of MicroStrategy, has revealed the strategy that enabled his company to outpace tech giants like Nvidia, Tesla, and Amazon over the past four years.

### MicroStrategy Surpasses Nvidia

Saylor, who recently transitioned from chief executive to executive chairman, shared insights via a chart indicating that since August 10, 2020, MicroStrategy’s stock has skyrocketed by 1,203%, outpacing Nvidia’s 1,050% growth. Meanwhile, Tesla and Amazon saw their share prices rise by 167% and 22%, respectively. Apple’s share price increased by 108% during the same period.

To explain this success, Saylor emphasized that companies aiming to excel like Nvidia should adopt similar strategies to those employed by MicroStrategy. The company has been steadily accumulating Bitcoin since August 10, 2020, and currently holds 226,331 Bitcoins, valued at approximately $7.538 billion.

This year, in March and June, MicroStrategy undertook debt offerings to secure additional funds for further Bitcoin purchases. The June offering, initially set at $500 million, was later increased to $700 million.

### Massive Bitcoin Transfers by Anonymity

In other news, the crypto tracking platform Whale Alert has reported significant cryptocurrency movements, with two major transactions involving billions of dollars’ worth of Bitcoin. Alongside these transactions, a smaller transfer of Bitcoin Cash amounted to $34,624,662.

The two notable Bitcoin transactions involved transfers of 48,641 BTC and 44,000 BTC, with total values of approximately $3.06 billion and $2.81 billion, respectively, adding up to over $5.86 billion combined.

The first large transfer of 44,000 BTC came from the now-defunct cryptocurrency exchange Mt. Gox, which is believed to be preparing to compensate creditors following a hack in 2014.

While the second transaction from Mt. Gox has yet to be confirmed by on-chain data platforms, its size suggests it may originate from the same source. Furthermore, Mt. Gox has committed to making repayments not only in Bitcoin but also in Bitcoin Cash, indicating that the aforementioned Bitcoin Cash transfer could also be linked to this exchange.