MicroStrategy Bitcoin Portfolio Surpasses $41B as BTC Crosses $100K

With bitcoin (BTC) finally crossing the $100,000 threshold, the business intelligence firm MicroStrategy’s cryptocurrency holdings have ballooned above $41 billion, bringing the company’s portfolio growth since 2020 to more than 70%.

Data from Saylor Tracker shows that MicroStrategy holds 402,100 BTC, bought at an average of $58,402, and is collectively worth $41.21 billion. Bitcoin was changing hands at $102,440 at the time of writing, up over 6% daily, per data from CoinMarketCap.

MicroStrategy’s BTC Stash Crosses $41B

MicroStrategy has spent 2024 purchasing BTC even as the asset’s value continues to rise. Throughout November, the company spent $13.5 billion acquiring 149,880 BTC at an average price of $90,231 per coin. As of December 2, the business entity revealed that it had channeled another $1.5 billion to buy another 15,400 BTC at an average of $95,976.

Michael Saylor, MicroStrategy’s founder and executive chairman, disclosed on X that the company’s BTC purchases in November accrued a 38.7% yield, providing a net benefit of  97,500 BTC to its shareholders. While BTC was worth $96,000, MicroStrategy’s shareholders saw a net benefit of approximately $9.4 billion for the month, or $312 million daily.

MicroStrategy’s total BTC purchases cost roughly $23.48 billion; however, with the stash currently worth $41.21 billion, the company’s holdings have grown 75.48% since the first BTC purchase five years ago.

Notably, MicroStrategy is raising more capital to purchase additional bitcoins in the coming weeks. The firm has announced plans to raise $42 billion over the next three years, most of which will go toward acquiring more BTC. With a stash of 402,100, MicroStrategy remains the largest public holder of BTC and is less than 18,000 BTC away from holding 2% of the entire BTC supply.

MSTR Up 8% Pre-market

Following United States President Donald Trump’s victory in early November, MicroStrategy’s BTC holdings exceeded $22.98 billion, bringing the return on investment to more than 100%. At the time, the firm had $11.08 billion in unrealized gains. Currently, MicroStrategy has unrealized gains of more than $17.72 billion. 

Meanwhile, MicroStrategy’s stock, MSTR, is trading at $437 pre-market, according to TradingView data, up 8.72% daily.