• Michael Saylor reaffirmed Bitcoin's benefits over conventional investments amid market downturn.
• A 13-year efficiency chart exhibits a staggering 18,881,969% cumulative progress of Bitcoin in comparison with different belongings.
• Bitcoin is buying and selling at $57,000, down 6.4% in every week and 19% previously 30 days.

MicroStrategy founder and chairman Michael Saylor reiterated his bullish stance on Bitcoin in a current submit on X, claiming that the cryptocurrency is designed to outperform conventional funding automobiles. The remarks come as Bitcoin's value has plummeted, inflicting chaos throughout the cryptocurrency market.

Saylor’s submit included an enchanting chart evaluating the 13-year value traits of varied asset lessons, together with Bitcoin, U.S. progress shares, the Nasdaq 100, gold, rising market (EM) shares, commodities, rising market bonds, convertible bonds, the general bond market, and long-term authorities bonds.

Of all of the belongings in contrast, one of the best performers have been Bitcoin, U.S. Development shares, Nasdaq 100, and U.S. Giant Cap shares. These belongings have posted optimistic returns nearly yearly since 2011, however Bitcoin has proven essentially the most notable return on funding.

For instance, a chart from 2011 exhibits that Bitcoin achieved progress of 1,473%, whereas US Development, Nasdaq 100, and US Giant Caps every elevated by lower than 4%. In 2013, Bitcoin's return was an much more staggering 5,507%, whereas gold plummeted, shedding greater than 28% of its worth.

Moreover, the chart reveals that from 2011 to 2024, Bitcoin’s cumulative efficiency has risen by an astounding 18,881,969%. Compared, US progress has risen by 670%, the Nasdaq 100 has risen by 931%, and gold has risen by 59.3% over the identical interval.

Based on the newest information, Bitcoin is buying and selling at $57,502, down 6.4% previously seven days and 19% previously 30 days. Regardless of Bitcoin’s present value efficiency, it’s arguably nonetheless the best-performing asset amongst conventional investments.

This isn’t the primary time MicroStrategy has revealed such a chart. Saylor has persistently maintained that “nothing beats Bitcoin,” and the newest information additional strengthens his perception. Notably, MicroStrategy has a Bitcoin portfolio value greater than $13 billion, acquired over the previous 4 years with $8.37 billion invested.