All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

BTC vs. MSTR vs. MSTY: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Growth of $10,000

Wed 2024-07-31💬 to Fri 2026-10-16 Overall
Return 		Exponential
Trendline
BTC × 		+16.00%
+6.95%/yr 		−7.20%/yr
R2=0.047
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
MSTR × 		−21.01%
−10.12%/yr 		−35.36%/yr
R2=0.328
MicroStrategy Incorporated NASDAQ Common Stock
MSTY × 		−28.33%
−13.99%/yr 		−32.81%/yr
R2=0.390
YieldMax MSTR Option Income Strategy ETF Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2024-07-31💬 to Fri 2026-10-16 Start
Value 		End
Value
BTC × 		$10,000.00
2024-07-31 		$11,600.37
2026-10-16
MSTR × 		$10,000.00
2024-07-31 		$7,899.38
2026-10-16
MSTY × 		$10,000.00
2024-07-31 		$7,167.26
2026-10-16

This Year’s Performance

through 2026-10-16

  YTD YoY
BTC × 		−10.67% −27.71%
MSTR × 		−13.53% −53.63%
MSTY × 		−13.87% −47.76%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
BTC × 		−37.61%
on 2026-10-16
from 2025-10-06 peak 		−54.59%
on 2026-06-30
from 2025-10-06 peak
MSTR × 		−73.00%
on 2026-10-16
from 2024-11-20 peak 		−83.59%
on 2026-06-26
from 2024-11-20 peak
MSTY × 		−66.27%
on 2026-10-16
from 2025-07-16 peak 		−78.16%
on 2026-06-26
from 2025-07-16 peak

Rolling Returns

Period ending Fri 2026-10-16 1 yr 2 yr 3 yr 5 yr 10 yr
BTC × 		−27.71% +12.09%
+5.87%/yr 		— — —
MSTR × 		−53.63% −34.10%
−18.82%/yr 		+282.96%
+56.45%/yr 		+48.92%
+8.29%/yr 		+468.78%
+18.99%/yr
MSTY × 		−47.76% −35.91%
−19.95%/yr 		— — —

Annual Returns

Year BTC MSTR MSTY
2026 (YTD) −10.67% −13.53% −13.87%
2025 −9.91% −48.90% −44.19%
2024 +44.15% +345.69% +194.74%
2023 — +331.70% —
2022 — −75.58% —
2021 — +30.92% —
2020 — +168.76% —
2019 — +9.15% —
2018 — −4.52% —
2017 — −34.86% —
2016 — +7.87% —
2015 — +9.60% —
2014 — +29.73% —
2013 — +31.08% —
2012 — −15.26% —
2011 — +23.08% —
2010 — −10.43% —
2009 — +146.51% —
2008 — −60.99% —
2007 — −19.87% —
2006 — +34.52% —
2005 — +32.66% —
2004 — +11.19% —
2003 — +241.14% —
2002 — −61.69% —
2001 — −60.09% —
2000 — −91.25% —
1999 — +549.24% —
1998 — +48.18% —