Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
MicroStrategy’s Bitcoin Stash Soars to $22 Billion

MicroStrategy’s Bitcoin Stash Soars to $22 Billion

CryptodnesCryptodnes2024/11/11 21:44
By:Cryptodnes

MicroStrategy has seen its Bitcoin holdings soar in value, surpassing $22 billion as Bitcoin’s price surged above $82,000.

The business intelligence company now holds 279,420  BTC , worth approximately $22.9 billion, reflecting a 110% gain on its investment.

This remarkable growth stems from MicroStrategy’s consistent Bitcoin accumulation strategy, with an average purchase price of $39,292 across 42 separate buys.

As the largest corporate Bitcoin holder, MicroStrategy leads the way, far outpacing companies like Marathon Digital and Riot Platforms, which have holdings valued at $2.1 billion and $840 million, respectively.

READ MORE:
Bitcoin Breaks $82,000 – Bullish Trend Continues

The company has ambitious plans to expand its Bitcoin portfolio even further, aiming to raise $42 billion over the next three years through its “21/21” initiative, which combines $21 billion in equity with $21 billion in fixed-income securities.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Can the 40 billion bitcoin taken away by Qian Zhimin be returned to China?

Our core demand is very clear—to return the assets to their rightful owners, that is, to return them to the Chinese victims.

深潮2025/11/29 21:23
Can the 40 billion bitcoin taken away by Qian Zhimin be returned to China?

Bitcoin Surges but Stumbles: Will Crypto Market Recover?

In Brief Bitcoin fails to maintain its position above $93,000 and faces heavy selling pressure. Altcoins experience sharp declines, with some showing mixed performance trends. Shifts in U.S. spot Bitcoin ETF flows highlight cautious investor behavior.

Cointurk2025/11/29 21:03
Bitcoin Surges but Stumbles: Will Crypto Market Recover?