With Bitcoin prices climbing past the $80,000 mark, MicroStrategy’s cryptocurrency holdings have surged in value, estimated at over $20 billion.
This places MicroStrategy, led by executive chairman Michael Saylor, as a leading figure in corporate Bitcoin investments, with a return of over 100%. The Business Intelligence firm’s Bitcoin holdings, approximately 279,420 coins, was accumulated across 42 purchases at an average acquisition price of $39,292 per coin.
Among corporate Bitcoin holders, MicroStrategy is unmatched in terms of volume. In comparison, mining corporations like Marathon Digital and Riot Platforms trail behind with Bitcoin holdings valued at $2.2 billion and $882 million.
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Furthermore, MicroStrategy has a plan named “21/21” to push its Bitcoin portfolio even higher. Over the next three years, the company aims to secure an additional $42 billion—divided equally between equity and fixed-income sources.
As Bitcoin’s value reaches historic highs, corporate investors like MicroStrategy are witnessing significant returns on their Bitcoin investments.
It seems as though Bitcoin’s price will continue rising, as investors expect a more crypto-friendly political environment after Donald Trump won the presidential election. Wyoming Senator Cynthia reaffirmed her commitment to establishing a strategic Bitcoin reserve for the United States, proposing the government to acquire one million BTC for long-term holding.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
