EddieJayonCrypto
7 Jan 25
MicroStrategy's Bitcoin strategy has yielded $14 billion in shareholder value in 2024. The company purchased 258,320 BTC at a total cost of $22.07 billion, resulting in an average price of $85,450 per Bitcoin. This decision led to a remarkable BTC annual yield of 74.3%, enhancing shareholder value b...
MicroStrategy’s Bitcoin strategy yielded $14 billion in shareholder value in 2024. The company purchased 258,320 BTC at a total cost of $22.07 billion, resulting in an average price of $85,450 per Bitcoin. This decision led to a remarkable BTC annual yield of 74.3%, enhancing shareholder value by $14.06 billion, or approximately $38.5 million in daily gains. As of December 31, 2024, MicroStrategy owned 447,470 BTC, valued at over $43 billion in the current market, representing more than 50% of the company's near $87 billion valuation.
MicroStrategy’s executive chairman, Michael Saylor, stated that the firm’s Bitcoin holdings reflect its proactive stance on crypto investments. The company’s innovative financing model, incorporating Bitcoin-backed stock sales, contributed to this significant achievement. This marks the firm’s most substantial annual acquisition since it embraced a Bitcoin-focused approach in 2020, solidifying its position as the largest corporate Bitcoin holder.