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Why does ALTBG perform better than MSTR?

$MSTR (-0,86%) With almost 1,500 Bitcoin BTC, the Blockchain Group is one of Europe's leading BTC treasury companies. Just yesterday, the French company announced the purchase of weiteren 624 BTC for €60.2 million.

And the share price shows it: The strategy is working. Since the beginning of the year, the share price ($ALTBG (+1,55%) ) has risen by almost 1,000 %. In comparison: BTC has "only" risen by 13 %. (Source: News.bitcoin.com)


and now the question for you: same principle, different results. Why?

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Because they are where Strategy was in 2020.
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