MicroStrategy’s Bitcoin Portfolio Surpasses $20 Billion Milestone

In recent days, Bitcoin has reached unprecedented heights, setting a new all-time high at approximately $81,800. This rise closely approaches the $82,000 milestone.

As a result, MicroStrategy’s Bitcoin portfolio has soared to a remarkable $20.6 billion. Saylor Tracker, a dedicated website, tracks this valuation in real-time.

MicroStrategy’s Bitcoin Portfolio Has Over $10 Billion in Gains

MicroStrategy, known for its significant Bitcoin investments, now holds over 252,220 BTC in its portfolio. The latest acquisition, disclosed in a September 20 SEC filing, involved purchasing 7,420 BTC. These were bought at an average price of $61,750 per Bitcoin, accumulating to nearly $458.2 million, fees included.

Consequently, the firm’s unrealized gains have surged by over $10.6 billion, indicating a 107% increase in portfolio value.

The company’s vision extends well beyond its current holdings. This is because MicroStrategy founder Michael Saylor recently hinted at further expansions in a post on X (formerly Twitter).

“I think saylortracker.com needs more green dots,” Saylor said.

Moreover, MicroStrategy has announced a bold financial strategy in its Q3 earnings report. The firm revealed a $42 billion capital-raising initiative, termed the “21/21 Plan.”

Executive Chairman Michael Saylor and CEO Phong Le aim to secure significant Bitcoin reserves. Over three years, they plan to raise $21 billion through equity and $21 billion via fixed-income securities.

Describing the plan, Saylor emphasized its potential to transform corporate treasury strategies. He labeled Bitcoin as “digital capital.”

This strategic direction highlights MicroStrategy’s role as a pioneer in positioning Bitcoin within corporate financial strategies. Such moves have propelled its stock to the highest levels in 24 years.

The company’s aggressive stance on Bitcoin acquisitions has captured wide attention. For instance, Saylor projected a Bitcoin price target of $13 million in a September CNBC interview. Although critics like economist Peter Schiff dismiss these predictions as unrealistic, Saylor’s optimism resonates with Bitcoin proponents.

MicroStrategy’s approach could potentially set a new standard for corporate investment in digital assets. Each purchase solidifies Bitcoin’s presence in global markets. It suggests a future where digital assets are as fundamental as traditional ones in both corporate and personal investment portfolios.