MicroStrategy Hits $20B Bitcoin Milestone as Price Surges Past $80K

Twitter icon  •  Published 2週間前  •  Nikolas Sargeant

Corporate Bitcoin Holdings Reach New Heights Amid Market Rally

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.
Next article Velar and StackingDAO Partner To Launch an STX/stSTX Stableswap Pool on Bitcoin

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.