Prominent Bitcoin supporter Saylor has revealed how MicroStrategy has beaten Nvidia, Tesla and Amazon
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The chart shared by Saylor shows that since August 10, 2020, MicroStrategy’s share price has surged by 1,203%, exceeding Nvidia with its 1,050% growth. Tesla and Amazon share prices have demonstrated 167% and 22% correspondingly. Apple share price has gone up 108% in these past four years.Saylor explained that anyone who wants their business to outperform Nvidia should adopt the Bitcoin strategy, similarly to Saylor’s business intelligence giant.
Twice this year – in March and June – MicroStrategy announced debt offerings to its investors to raise additional funds to buy more Bitcoin. In June, the company first attempted toPopular crypto tracker Whale Alert, which monitors large cryptocurrency transactions, has spotted two astounding crypto movements, each carrying several billion US dollars worth of Bitcoin.
Still, this BCH transfer looks pale compared to the Bitcoin transactions, which comprised 48,641 BTC and 44,000 BTC worth $3,061,354,870 and $2,806,815,549. In total, that constituted $5,868,170,419.The first mammoth Bitcoin chunk of 44,000 BTC was transferred by the former and currently non-functional cryptocurrency exchange Mt Gox.
The second transaction has not been confirmed to be made by Mt Gox by on-chain data platforms so far but judging by the size of it, it seems to be coming from the same source as the first one. Besides, Mt Gox also promised to make repayments not only in Bitcoin but in Bitcoin Cash too. Therefore, the above-mentioned BCH transfer was probably also made by this platform.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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