MicroStrategy recently purchased 18,300 bitcoins for $1.1 billion, increasing its portfolio to 244,800 BTC, valued at nearly $14 billion according to current prices.
Since 2020, under the leadership of CEO Michael Saylor, the company has adopted a Bitcoin-focused strategy, with a total investment of $9.45 billion and an average purchase price of $38,585 per BTC.
MicroStrategy, the largest holder of bitcoins among publicly traded companies, claims to have achieved a 4.4% BTC yield this quarter and 17% for the year, further solidifying its dominant position in the ecosystem.
A Strategic Shift Towards Bitcoin
In 2020, MicroStrategy made a bold move by diversifying its business model to become a major player in Bitcoin development. Instead of solely focusing on its core business, the company began accumulating significant reserves of the world’s leading cryptocurrency, marking a turning point in its capital management strategy. This approach, largely driven by Michael Saylor, is based on a strong conviction that Bitcoin is a safe and reliable long-term asset capable of preserving value in an uncertain global economic environment.
A Major Acquisition at a Strategic Moment
The recent purchase of 18,300 bitcoins, totaling $1.1 billion, reflects MicroStrategy’s ongoing commitment to Bitcoin. The acquisition took place at a time when the price of BTC is hovering around $60,000, confirming the company’s willingness to continue accumulating this asset, even in a market that is already experiencing significant growth.
MicroStrategy has now spent $9.45 billion on its 244,800 BTC, with an average purchase price of $38,585 per bitcoin. Thanks to this strategy, the company is enjoying a substantial return on investment. With BTC currently valued at nearly $58,000, the current value of the bitcoins held by MicroStrategy is approaching $14 billion, a significant potential gain in just three years.
An Undisputed Leader in Bitcoin Accumulation
Michael Saylor also revealed that the company has achieved a 4.4% yield on its bitcoins for this quarter, and 17% since the beginning of the year. This BTC yield, a unique indicator developed by MicroStrategy, attempts to measure the performance of bitcoin holdings against the diluted shares of the company.
MicroStrategy positions itself as the largest holder of bitcoins among all publicly traded companies. According to data from Bitcoin Treasuries, it far surpasses its competitors in terms of crypto reserves. This status gives the company significant influence in the Bitcoin ecosystem, and its strategy is regularly closely followed by market observers.
