MicroStrategy continues to enhance its Bitcoin (BTC) $106,146 investments. Recently, the company announced the acquisition of 15,350 BTC for approximately $1.5 billion. With this new purchase, its total Bitcoin portfolio has reached 439,000 BTC, with acquisitions made at an average unit price of $100,386.
Total Bitcoin Investment Reaches $27.1 Billion
To date, MicroStrategy has spent a total of $27.1 billion on Bitcoin purchases. The company reported an average cost of $61,725 per Bitcoin.
As of December 15, 2024, MicroStrategy’s total Bitcoin portfolio ranks among the largest cryptocurrency reserves globally in terms of market value. The company expresses satisfaction with the financial performance of these investments, reporting a quarterly portfolio return of 46.4% and an annual return of 72.4% for 2024.
MicroStrategy Remains Committed to Its Bitcoin Strategy
MicroStrategy views Bitcoin as a long-term store of value. Founder and executive chairman Michael Saylor argues that Bitcoin will provide protection against future economic fluctuations. Saylor emphasizes that the Bitcoin strategies they adopt continue to strengthen the company’s financial position, and acquisitions are expected to persist despite fluctuations in the Bitcoin market.
Given these developments, MicroStrategy’s Bitcoin investments are closely monitored in the markets. The company has been in the spotlight since 2020 due to its regular BTC purchases, which have yielded impressive returns, indicating the effectiveness of this strategy.