Nikolas Sargeant
MicroStrategy's bold Bitcoin investment strategy has reached a historic milestone, with its holdings now exceeding $20 billion as Bitcoin trades at all-time highs above $80,000.
The business intelligence firm's 252,200 Bitcoin portfolio has achieved a remarkable 104% return on investment, according to Saylor Tracker, which monitors the company's cryptocurrency strategy under Executive Chairman Michael Saylor's leadership.
Through 42 separate purchases at an average cost of $39,292 per Bitcoin, MicroStrategy has established itself as the dominant corporate Bitcoin holder. Its closest competitors, Bitcoin mining companies Marathon Digital and Riot Platforms, hold substantially smaller positions valued at $2.1 billion and $840 million, respectively.
Ambitious Expansion Plans
Looking ahead, MicroStrategy plans to raise an unprecedented $42 billion over three years through its "21/21" initiative. The strategy aims to secure $21 billion each from equity and fixed-income securities to further expand its Bitcoin holdings.
Global Bitcoin Holdings Surge
The recent price surge to $81,617 has benefited other major Bitcoin holders:
- Bhutan: The country's Bitcoin holdings have surpassed $1 billion, representing 32% of its $3.15 billion GDP. The nation combines Bitcoin mining operations with strategic currency reserves.
- El Salvador: The pioneer of national Bitcoin adoption now holds 5,930 Bitcoin worth over $482 million, showing an 80% profit of $214 million. Despite initial criticism during the 2022 market downturn, the country maintains its strategy of purchasing one Bitcoin daily under President Nayib Bukele's leadership.
