MicroStrategy’s Bitcoin Bet Pays Off

The company’s 252,200 BTC, acquired at an average price of $39,292, reflects a return on investment exceeding 100%.

Since its initial Bitcoin purchase in August 2020, MicroStrategy has consistently expanded its holdings, executing 42 acquisitions to date. This aggressive accumulation strategy has solidified its position as the largest corporate holder of Bitcoin, far outpacing other entities. For instance, Marathon Digital and Riot Platforms hold approximately $2.1 billion and $840 million in Bitcoin, respectively.

Source: Bitcoin Treasuries

Michael Saylor tweeted a website that tracks MicroStrategy’s Bitcoin Holdings. Source: X

SaylorTracker is a website dedicated to monitoring and analyzing MicroStrategy’s Bitcoin holdings, spearheaded by its Executive Chairman, Michael Saylor. The platform aggregates data from public disclosures, such as SEC Form 8-K filings and Saylor’s tweets, to provide a comprehensive overview of the company’s Bitcoin acquisition strategy.

Key Metrics Displayed:

• Total Value in USD: This represents the current market value of MicroStrategy’s Bitcoin holdings. For instance, as of the latest update, the holdings are valued at approximately $20.48 billion.
• Total Bitcoin Holdings (₿): The cumulative amount of Bitcoin owned by MicroStrategy, currently standing at 252,220 BTC.
• Current Bitcoin Price: The real-time market price of Bitcoin, noted as $81,037.60.
• Dollar-Cost Average (DCA): The average purchase price per Bitcoin across all acquisitions, calculated to be $39,464.75.
• All-Time Performance: The overall percentage gain or loss since the inception of the Bitcoin investment strategy, showing a positive return of 105.8%, equating to a profit of $10.53 billion.

MicroStrategy recently launched a bold 21-21 strategic plan to secure $42 billion in capital by 2027. The company aims to split this evenly, gathering $21 billion through equity and $21 billion in fixed income to expand its Bitcoin holdings. By implementing the largest ATM equity program ever, MicroStrategy plans to build a substantial Bitcoin reserve.

The roadmap sets a $10 billion target for 2025, split equally between equity and fixed income. This amount rises to $14 billion in 2026 and reaches $18 billion in 2027. A staggered schedule allows the company to balance interest costs effectively, switching between equity and debt funding as necessary.

Source: Brave New Coin Bitcoin Liquid Index

The recent surge in Bitcoin’s price has also benefited other major holders. Bhutan’s Bitcoin holdings have surpassed $1 billion, accounting for 32% of the nation’s GDP. Similarly, El Salvador’s 5,930 BTC are now valued at over $482 million, yielding nearly $214 million in unrealized profits.

MicroStrategy’s unwavering commitment to Bitcoin underscores its belief in the cryptocurrency’s long-term potential. By continually increasing its holdings and planning substantial future investments, the company positions itself as a leading advocate for Bitcoin’s role in the global financial landscape.