Bitcoin Beats S&P 500 by 88%, Outperforming Warren Buffett’s Favorite Index

For decades, billionaire investor Warren Buffet has advocated for the S&P 500 as a reliable long-term investment vehicle. However, new data reveals a significant disparity in performance between Bitcoin and the established stock market index since 2020. Bitcoin’s meteoric rise over the past five years has outperformed the S&P 500 by an astounding 88% when measured in Bitcoin terms, according to Phil Rosen, co-founder of the Opening Bell Daily newsletter. 106% growth for the S&P 500’s value since 2020 pales in comparison to Bitcoin’s 32% surge this year and a record high of $125,000 achieved recently. 2023’s impressive performance underscores Bitcoin’s potential as an alternative asset class.