MicroStrategy has marked the five-year anniversary of its Bitcoin accumulation strategy, which has brought the company $28.8 billion in unrealized profits.
The Genesis of MicroStrategy’s Bitcoin Treasury Strategy
The strategy began on August 11, 2020, when MicroStrategy announced its new capital allocation strategy. The company invested $250 million to acquire 21,454 BTC, establishing itself as a prominent corporate Bitcoin holder. Since then, it has continued its BTC accumulation, investing a total of $4.6 billion to acquire 628,791 BTC.
Soaring Success: BTC Accumulation Fuels Stock Growth
Over the past five years, MicroStrategy's stock price has surged by more than 2,595%, largely attributed to its Bitcoin accumulation strategy. The stock that was priced below $15 five years ago has skyrocketed to over $395 as of August 8 this year.
What’s Next for This Leading Corporate Bitcoin Holder?
MicroStrategy is not resting on its success. The company has plans to raise an additional $8.4 billion over the next two years for further BTC accumulation, indicating continued confidence in Bitcoin's long-term value.
MicroStrategy's five-year journey with its Bitcoin accumulation strategy has shown how integrating digital assets into a business model can lead to significant financial success.