The co-founder of the American software development company MicroStrategy said that the decline in the value of the first cryptocurrency will not affect the attractiveness of the asset among investors.

Michael Saylor made his point by pointing to a chart comparing the price performance of various asset classes over several years, including Bitcoin, gold, emerging market stocks, emerging market bonds, and Treasuries.

According to the figures provided by the investor, the best results were shown by Bitcoin, shares of young companies (US Growth index) and the Nasdaq 100 index:

“Bitcoin’s returns are higher than those of traditional investment vehicles.”

Michael Saylor showed that from 2011 to 2024, Bitcoin’s cumulative performance increased by 18,881,969%, while over the same period the Nasdaq 100 index increased by 9.31% and gold by 59.3%.

Earlier, Michael Saylor predicted that Bitcoin would rise to $10 million, declaring that the first cryptocurrency would offer economic immortality for corporations.