This Bitcoin-Related Company Has A Better 1-Year Return Than Wells Fargo, Facebook, Disney And Amazon

MicroStrategy Incorporated MSTR, a provider of business intelligence and cloud-based services, has over the past year had an amazing return on investment.

Since September 2020, MicroStrategy stock's one-year return has outperformed a number of the world’s most popular financial, tech and entertainment companies: Wells Fargo & Co WFC, Facebook, Inc. FB, Walt Disney Co DIS and Amazon.com, Inc. AMZN.

MicroStrategy is a source for enterprise analytics and mobility software. The company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.

According to MicroStrategy, the company was the first publicly-traded firm to invest significant treasury assets in Bitcoin BTC/USD.

On June 21, MicroStrategy announced that it had purchased an additional approximately 13,005 bitcoins for approximately $489 million in cash at an average price of approximately $37,617 per bitcoin, inclusive of fees and expenses. 

As of June 21, MicroStrategy holds an aggregate of approximately 105,085 bitcoins, which were acquired at an aggregate purchase price of approximately $2.741 billion and an average purchase price of approximately $26,080 per bitcoin, inclusive of fees and expenses.

At press time, many are betting against the enterprise analytics company: According to data from Benzinga Pro, MicroStrategy has a total share float of 5.81 million, of which 2.00 million shares are sold short, representing 34.44% of shares sold short.

Here's how the returns break down from September 2020 to present: 

• Amazon is up from $3,149.84 a share to $3,509.29 for a return of 11.41%
• Disney is up from $134.20 a share to $184.34 for a return of 37.36%
• Facebook is up from $271.16 a share to $382.18 for a return of 40.94%
• Wells Fargo is up from $23.97 a share to $44.31 for a return of 84.86%
• And finally, MicroStrategy is up from $138.82 a share to $648.01 for a return of 366.80%