MicroStrategy Bitcoin Investment Surpasses $22 Billion Mark In 2024
Key Points:
- In 2024, MicroStrategy Bitcoin investment surpasses $22.07 billion, bringing its total holdings to 447,470 BTC.
- The company’s aggressive Bitcoin acquisition strategy yields a 74.3% annual return and generates $14.06 billion in value for shareholders.
MicroStrategy, the business intelligence company led by Bitcoin evangelist Michael Saylor, closed 2024 with a new high of 258,320 Bitcoins acquired in the year.
Read more: MicroStrategy Shareholder Vote on Key Proposals, Including 21/21 Plan
MicroStrategy Bitcoin Investment Equaled $22.07 Billion Purchase in 2024
The MicroStrategy Bitcoin investment in 2024 was $22.07 billion, averaging $85,450 per Bitcoin. The company now owns 447,470 Bitcoins, whose value at the current Bitcoin price of $100,000 stands at $27.97 billion.
This figure represents an average purchasing price of 62,503 dollars per Bitcoin and has translated to $14.06 billion of value for shareholders at the current prices, which means $38.5 million per day. MicroStrategy’s Bitcoin yield for 2024 alone reached as high as 74.3% while setting the net addition to 140,630 Bitcoins.
MicroStrategy Plans $2 Billion Fundraise and Joins Nasdaq 100
Saylor-founded MicroStrategy doubled down on its Bitcoin-heavy approach in 2020 as a hedge against inflation and to augment corporate value. The company internally characterizes Bitcoin as “digital gold,” capable of providing stability in a world fraught with economic and financial market unpredictability.
Since its maiden Bitcoin purchase in August 2020, MicroStrategy has been at the helm of corporate Bitcoin adoption, at the heart of the industry-wide debate on digital assets in corporate finance.
In January 2025, the company announced plans to sell as much as $2 billion in perpetual preferred stock to finance additional MicroStrategy Bitcoin investments. Further solidifying its position, the company joined the Nasdaq 100 index on December 23, 2024.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |