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In a recent announcement via COINOTAG News, MicroStrategy’s founder Michael Saylor revealed that the company has made significant strides in its cryptocurrency investments. As of January 7th, Saylor disclosed that MicroStrategy had acquired a total of 258,320 bitcoins in 2024, bringing the overall investment to approximately $22.07 billion, translating to about $85,450 per bitcoin. The firm has achieved an impressive 74.3% return on its bitcoin holdings.
Previously, at the start of the year, MicroStrategy reported holding 189,150 bitcoins, which signifies a notable appreciation with an accumulation of 140,630 bitcoins within the year, averaging around 385 bitcoins per day. By projecting the price at $100,000 per bitcoin, it is estimated that MicroStrategy has generated around $14.06 billion in value for its shareholders, equating to about $38.5 million per day in earned capital.
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