Microstrategy’s stock, MSTR, has bagged second place on the Nasdaq 100 Component Year-to-Date Returns list, outpacing big names like Meta, Netflix, and Nvidia. As a primary benchmark for tech companies, the Nasdaq 100 highlights top performers through their Year-to-Date returns. As of Jan. 29, 2025, Constellation Energy Corp is out in front with a 22.93% YTD gain, followed by MicroStrategy Inc with a rise of 20.13%. However, big players, such as Meta, saw an increase of 12.7%, and Netflix saw a +0.04% change. NVIDIA , on the other hand, saw a decline in its stock price by 11%. NEW: MicroStrategy boasts the second-highest year-to-date returns in the Nasdaq 100, outperforming giants like Meta, Netflix, and NVIDIA. pic.twitter.com/SjCddRlgTU — Bitcoin News (@BitcoinNewsCom) January 28, 2025 MSTR’s stock price rising rises MSTR’s stock prices have been bullish since Michael Saylor, the Chairman of MicroStrategy, announced its “21/21 Plan” in Oct. 2024. You might also like: Bitcoin ETFs cling to $18.44m inflows as BTC awaits FOMC decision near $102k Under the plan, MicroStrategy aims to secure $42 billion over three years — $21 billion from selling shares and $21 billion from borrowing. The objective is to purchase additional Bitcoin ( BTC ) and collect annual returns from 6% to 10% on their BTC investments during the 2025 to 2027 timeline. In the last six months, MSTR’s price has increased by 108.01%, showing a positive market sentiment for MSTR. MSTR’s performance (August 2024 – January 2025) reflects significant volatility, with sharp gains in late 2024. Sourced from TradingView by crypto.news Now, analysts predict that MSTR could see another 20% jump in its price. On Jan. 27, MicroStrategy bought $1.1 billion worth of BTC, bringing the firm’s total BTC holding to 471,107. As per MSTR’s Bitcoin Treasury report , the company has $48.23 billion worth of BTC. You might also like: Bitcoin remains a ‘safe harbor’ as DeepSeek concerns linger, says deVere CEO MSTR faces backlash Previously, the largest corporate holder of BTC faced backlash, with many analysts calling it a “ Ponzi scheme “. On Dec. 31, when MSTR’s price fell by $300, analyst Martin Shkreli criticized Saylor, saying MicroStrategy heavily relies on debt and equity issuance to buy more BTC, hence exposing shareholders to risks of diluting value. Additionally, the Wall Street Journal reported on Jan. 24 that MicroStrategy could face an unquantified tax hit arising from a new corporate alternative minimum tax, which could hit unrealized the firm’s gains on BTC. Should this tax go into effect, the company would have to pay federal income taxes on the increase in value of its BTC assets. This could result in MicroStrategy being forced to liquidate a portion of its BTC holding in order to pay taxes– an effect which can be felt on its stocks. Read more: Michael Barr resigns as Fed vice chair for supervision