MicroStrategy has once again increased its Bitcoin holdings, acquiring an additional 27,200 BTC, maintaining its position as a leading corporate holder of Bitcoins.
MicroStrategy’s Bitcoin Acquisition Strategy
With the latest acquisition, MicroStrategy has amassed 279,000 Bitcoins with an average cost of $39,292 per Bitcoin. The market value is around $20.5 billion, more than doubling the initial investment with a return of over 104%. The company has conducted 42 acquisitions in recent years to secure a sizable digital asset reserve.
Global Implications for Other Bitcoin Holders
The recent Bitcoin surge has also benefited other major holders like the Kingdom of Bhutan and El Salvador. Bhutan has gradually accumulated over $1 billion in Bitcoins, equating to 32% of its GDP. Meanwhile, El Salvador, which adopted Bitcoin as legal tender in 2021, holds 5,930 BTC, now worth over $482 million.
Bitcoin Assets and Vision of MicroStrategy
MicroStrategy's continued Bitcoin purchases align with its long-term financial vision, including the ambitious “21/21” plan to raise $42 billion over three years for more Bitcoin acquisitions. The approach supports its vision to create a substantial digital asset reserve.
MicroStrategy's active Bitcoin acquisition strategies, along with countries like El Salvador and Bhutan, highlight the growing importance of Bitcoin as a strategic global asset.
