Bitcoin vs Microsoft since 2020
MONTHLY EOD · 2020-01 → 2026-06
January 2020 is the cleanest starting point for the post-COVID era. Microsoft's cloud and AI businesses re-rated the entire mega-cap complex; Bitcoin re-rated everything else.
| METRIC | BITCOIN | MICROSOFT (MSFT) |
|---|---|---|
| Total return | 715.5% | 128.3% |
| Multiple | 8.15x | 2.28x |
| CAGR | 38.7% | 13.7% |
| Max drawdown | -75.3% | -30.6% |
| Annualized volatility | 66.0% | 24.3% |
| Sharpe ratio(rf 4%) | 0.44 | 0.36 |
Microsoft has compounded at a strong double-digit rate through cloud monetization and the OpenAI partnership, with relatively contained drawdowns by tech standards.
Bitcoin's same-window return is larger in absolute terms, but the path involved a 77% drawdown in 2022 that Microsoft did not come close to matching. Risk-adjusted, the two are closer than the headline number suggests.
RUN YOUR OWN COMPARISON
Pick any start date and any asset in the interactive Bitcoin vs. Everything tool.
Open Bitcoin vs. Everything →Related comparisons
- Bitcoin vs Gold Since 2018
- Bitcoin vs S&P 500: 10-Year Comparison
- Bitcoin vs Nvidia Stock
- Bitcoin vs NASDAQ
- Bitcoin vs Apple Stock
- DCA backtester — what steady buying would have become
- Power-law corridor — Bitcoin's long-run fair-value model
Bitcoin price source: internal monthly close series. Comparison asset: Tiingo daily EOD adjusted close, sampled at month end.