Michael Saylor: Why have NVDA, MSTR, and BTC been the best performing assets over the past decade?

In early January 2026, Michael Saylor’s MicroStrategy made another move, purchasing 1,286 Bitcoins at an average price of approximately $90,391, bringing its total holdings to an astonishing 673,783 BTC, valued at about $63 billion.

“The best-performing assets over the past decade are NVDA, MSTR, and BTC.” This view is not unfounded. If you look closely, you’ll find subtle connections among these three: Nvidia represents the core technological productivity shaping the future, Bitcoin is the ultimate form of value storage in the digital age, and MicroStrategy is the most aggressive and direct practical bridge.

01 A Decade of Glory: Decoding the Growth Trajectory of Top Assets

Over the past ten years, global capital markets have experienced multiple cycles, but three types of assets have performed particularly well: Nvidia, representing the AI computing power foundation; Bitcoin, as the core digital scarcity asset; and MicroStrategy, which connects the two with aggressive strategies.

Data shows that as of January 9, 2026, Nvidia’s stock closed at $184.86, maintaining a market cap in the trillions of dollars. This company has become the hardware hub of the global AI revolution.

Bitcoin reached a price of $90,800 on January 12, 2026. Meanwhile, MicroStrategy, with its unique positioning as a “Bitcoin development company,” has become the most direct link between traditional stock markets and the cryptocurrency market.

02 Nvidia: The Computing Power Engine of the AI Revolution

Nvidia’s rise is no accident. Over the past decade, the company successfully transformed from a graphics card manufacturer into a global leader in AI and high-performance computing.

Its core product, GPUs, has become the standard configuration for training large-scale AI models, with market demand showing exponential growth.

Based on data from January 2026, Nvidia’s market value has reached approximately $4.5 trillion, making it one of the most valuable companies globally. Behind this achievement is its near-monopoly status in AI infrastructure.

For investors, Nvidia represents a pure bet on future technological change. Every breakthrough in AI, every demand for large-scale model training, directly translates into demand for Nvidia hardware.

03 Bitcoin: The Revolution of Value Storage in the Digital Age

Michael Saylor’s admiration for Bitcoin has reached near-evangelist levels. He calls Bitcoin “digital property” and believes it is “the most superior form of currency in human history.”

From late 2025 to early 2026, Bitcoin experienced a period of volatility, but from a long-term perspective, its upward trend remains clear. Saylor even predicts that by 2026, Bitcoin’s price could reach $170,000.

Bitcoin’s unique value proposition is based on its mathematical scarcity—its total supply is fixed at 21 million coins. This absolute scarcity is especially precious in the context of fiat currencies being printed infinitely.

MicroStrategy’s holdings of 673,783 Bitcoins, accounting for over 3% of the total supply, make it the world’s largest corporate holder. This large-scale accumulation further reduces circulating supply in the market, creating what is known as a “supply shock.”

04 MicroStrategy: A Bold Experiment in Corporate Transformation

The story of MicroStrategy may be the boldest corporate finance experiment of the past decade. Founded in 1989 as a business intelligence software company, under Michael Saylor’s leadership, it has completely transformed into a “Bitcoin development company.”

On January 7, 2026, MicroStrategy’s stock rose about 6% in a single day, after MSCI confirmed it would retain its “Digital Asset Treasury” company in its major global indices. This decision avoided potential billions of dollars in passive fund sell-offs.

The company’s business model is simple yet aggressive: raise funds through issuing stock and debt, then use these funds to buy and hold Bitcoin. They call this the “Bitcoin yield” strategy, aiming for a 30% annual growth in Bitcoin holdings.

As of January 9, 2026, MSTR’s stock price was $157.33. Although it has pulled back from its all-time high, it has achieved remarkable growth compared to before its transformation.

05 Investment Logic: The Intrinsic Connection and Synergy of the Three

A deep analysis of the relationship among NVDA, MSTR, and BTC reveals a complete value creation loop in the digital age.

Nvidia provides the hardware foundation driving AI and blockchain technology; Bitcoin serves as the value storage medium created by these technologies; MicroStrategy, through capital market operations, brings traditional capital into this new ecosystem.

Saylor once proposed an intriguing theory: if MicroStrategy holds 5% of the total Bitcoin supply, the price could reach $1 million; if it holds 7%, the price could soar to $10 million.

This theory is based on simple supply and demand economics—when a large amount of Bitcoin is permanently removed from circulation, the remaining circulating supply’s value is forced to undergo a nonlinear revaluation.

06 Risks and Challenges: Shadows Under the Halo

Despite the significant successes of NVDA, MSTR, and BTC, each faces different challenges. Nvidia needs to maintain its leading position in AI hardware amid increasing competition.

Bitcoin and MicroStrategy face more direct market volatility and regulatory uncertainties. In Q4 2025, Bitcoin’s value dropped about 25%, and at the same time, MicroStrategy’s stock plummeted over 50%.

Another key challenge is the change in MSCI index inclusion standards. In November 2025, MSCI proposed excluding companies with more than 50% of their assets on the balance sheet in digital assets, directly threatening MicroStrategy’s business model.

Although MSCI ultimately decided not to implement this exclusion policy for now, it serves as a reminder that such innovative corporate models still face systemic risks.

07 Future Outlook: Saylor’s Predictions and Market Trends

Michael Saylor remains highly optimistic about the future. He predicts that institutional investor participation could push Bitcoin’s price to $170,000 by 2026.

In the longer term, he believes Bitcoin has the potential to reach $1 million or even $10 million, based on the huge gap between Bitcoin’s scarcity and the global wealth storage demand.

For MicroStrategy, the company continues to execute its “42/42 plan”—aiming to raise $84 billion through equity and fixed-income securities. If successful, this will enable the company to buy more Bitcoin and further strengthen its market position.

Future Outlook

While traditional financial markets are still worried about inflation and economic growth, Michael Saylor has already built a comprehensive digital asset investment theory. From Silicon Valley chip factories to encrypted hashes on the blockchain, the path of value creation is being redefined.

As of January 12, 2026, Bitcoin’s price on the Gate platform is temporarily reported at $90,800. MicroStrategy’s Bitcoin holdings are worth over $63 billion, and Nvidia’s market cap remains in the trillions. This asset portfolio almost depicts the entire trajectory of the past decade’s fusion of technology and finance.

Perhaps, as Saylor said, we are in an era of large-scale migration of value from the physical to the digital world. In this migration process, providing migration tools, storing migrating value, and facilitating the migration itself naturally become the biggest winners.