Key Takeaways MSTR beat bitcoin across every rolling four-year period studied. Thirteen of the 15 largest institutional holders added shares. Strategy held 842,138 bitcoin after its third sale of 2026. Strategy Charts MSTR’s Performance Against Bitcoin Strategy Inc. (Nasdaq: MSTR) CEO Phong Le shared on Aug. 3 that MSTR outperformed bitcoin across every rolling four-year holding period since adopting its bitcoin strategy. The company compared annualized returns for investments made between August 2020 and August 2022, showing the stock generated stronger returns than bitcoin across every rolling four-year investment window. Le stated: “MSTR has outperformed BTC in every four-year holding …


