Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024

Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), revealed significant advancements in the company’s bitcoin strategy for 2024, which contributed an estimated $14 billion in shareholder value.

Saylor shared on social media platform X on Wednesday:

"MSTR acquired 258,320 BTC for $22.07B (~$85,450/BTC) in 2024 and achieved a 74.3% BTC Yield, starting the year with 189,150 BTC and realizing a BTC Gain of 140,630 BTC (385/day)."

He further emphasized the value generated:

"At $100K/BTC, this translates to shareholder value creation of $14.06B for the year or $38.5M/day."

Aggressive Bitcoin Accumulation and Growth Strategy

Microstrategy’s aggressive bitcoin acquisition underscores its commitment to leveraging digital assets for long-term growth. The latest purchase, announced on Jan. 6, included 1,070 BTC acquired for ~$101 million at an average price of ~$94,004 per bitcoin. This acquisition brought the company’s total holdings to 447,470 BTC, acquired for ~$27.97 billion at an average cost of ~$62,503 per bitcoin.

The company’s ambitious "21/21 Plan," unveiled in October 2024, seeks to raise $42 billion over three years to expand its bitcoin reserves. This strategy includes raising $21 billion through equity offerings and another $21 billion via fixed-income securities.

Projected Bitcoin Value and Market Impact

Saylor’s long-term forecast for bitcoin suggests substantial potential growth. He projects a base-case value of $13 million per BTC by 2045, with bear-case and bull-case scenarios estimating $3 million and $49 million, respectively.

Microstrategy’s bitcoin-focused strategy not only boosted its stock performance significantly in 2024 but also secured the company’s inclusion in the Nasdaq 100. This inclusion signals the increasing recognition of bitcoin-centric firms within mainstream financial indices.

Corporate Bitcoin Adoption and National Policies

Microstrategy’s pioneering approach aligns with a broader trend of corporate bitcoin adoption. An increasing number of companies are incorporating bitcoin into their treasury strategies.

Additionally, President-elect Donald Trump’s announcement of plans to establish a national bitcoin reserve further underscores the growing role of bitcoin in U.S. financial policy. These developments highlight bitcoin’s expanding influence on both corporate and national financial strategies.