MicroStrategy Keeps Building Its $41.6B Bitcoin Fortune, While Surging 422%

MicroStrategy's Bitcoin-focused strategy fuels 422% YTD stock surge, solidifying its position as a top crypto holder.

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Dec 30, 2024
Summary
  • MicroStrategy's Bitcoin holdings hit 446,400 BTC, boasting $41.6B in value and a 74.1% annual yield.
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MicroStrategy (MSTR, Financial) revealed Monday that it now owns 446,400 Bitcoins (BTC-USD) after acquiring an extra 2,138 Bitcoins for $209 million last week. Its Bitcoin holdings taken together are valued at around $27.9 billion.
With its current price of $93,200, Bitcoin's portfolio of coins is valued at $41.6 billion, a notable unrealized gain. MicroStrategy revealed that, on purchases made between December 23 and December 29, it paid an average price of $97,800 per Bitcoin.

Rising slightly from 47.4% in the early part of the quarter, the company's Bitcoin yield—which gauges the return on investment—jumped to 47.8% for the period from October 1 to December 29. MicroStrategy's Bitcoin yield for the year thus far comes at 74.1%.

One of the most well-known corporate Bitcoin holders still is MicroStrategy, which emphasizes its approach of employing digital assets as major treasury reserves. Given its pro-active approach, the stock has been one of the most rewarding investments, surging almost 422% YTD and upwards of 116% in the past six months alone.

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