MicroStrategy has seen its stock increase 1,540% since 2020, significantly outperforming the S&P 500, which rose only 11% in the same period. A key driver of this remarkable growth has been the company's strategic accumulation of Bitcoin, which has amplified its market value. 2024 has been notably beneficial for Bitcoin, marked by the approval of the first crypto-based ETF in the U.S. and a peak price of $73,000. Michael Saylor, an ardent advocate for Bitcoin, has seen his investment strategy pay off substantially, leading MicroStrategy to outperform every company in the S&P 500 since August 2020. However, despite this stellar performance, MicroStrategy remains unprofitable, which complicates its eligibility for inclusion in the S&P 500 index, as candidates must be profitable in recent financial periods. If the company achieves profitability, it could potentially secure a spot on that prestigious list.

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