MicroStrategy’s co-founder has revealed how a lot Bitcoin the software program firm purchased in 2024. Saylor additionally talked about how a lot BTC yield they achieved on account of the flagship crypto’s efficiency final yr.
MicroStrategy Purchased $22 Billion Price Of BTC In 2024
In an X post, Saylor revealed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024 at a mean value of $85,450 per Bitcoin. He added that his firm achieved a 74.3% BTC yield final yr.
The corporate began 2024 with 189,150 Bitcoin and realized a BTC acquire of 140,630 BTC, which represents a acquire of 385 BTC every day. Saylor famous that with the Bitcoin value at $100,000, this interprets to shareholder worth creation of $14.06 billion for the yr or $38.5 million every day.
It’s value mentioning that many of the firm’s Bitcoin purchases got here in the direction of the tip of the yr. MicroStrategy went on an eight-week BTC shopping for spree from the start of November till the tip of the yr.
This streak has prolonged into the brand new yr. The corporate not too long ago acquired 1,070 BTC for $101 million. Extra Bitcoin purchases are nonetheless anticipated this yr, as the corporate introduced plans to lift as much as $2 billion for BTC acquisitions.
Bitcoin Held By Firms Doubled Final 12 months
Bitwise’s Head of Analysis, Ryan Rasmussen, not too long ago revealed that the quantity of Bitcoin held by companies has doubled over the previous yr. Within the fourth quarter of 2023, these companies held 262,635 BTC.
That determine elevated by 6% within the first quarter of 2024 to 279,639. It then elevated by 15% within the second quarter of 2024 to 321,224. One other enhance of 13% occurred within the third quarter of 2024, with the BTC held by these companies rising to 361,736.
The biggest enhance (63%) got here within the fourth quarter of final yr, as these companies held 590,649 BTC mixed. Rasmussen famous MicroStrategy contributed essentially the most to the feat, though different firms like Metaplanet and Marathon Digital did their bit.
Firms like KULR additionally got here into the combination, making a Bitcoin treasury. Yesterday, the corporate introduced that it had elevated its BTC treasury to $42 million and achieved a yield of 93%.
On Firms Shopping for BTC
Bitwise’s Chief Funding Officer (CIO) Matt Hougan not too long ago commented on companies shopping for Bitcoin. He said that it’s a a lot greater deal than most individuals suppose.
In an earlier put up, he highlighted how these firms shaped one of many three sources of insatiable demand in 2025. ETFS and governments are the opposite two sources.
Hougan and Bitwise had predicted that the Bitcoin price may attain as excessive as $200,000 this yr thanks to those sources of demand. Hougan additionally predicted that BTC may even attain $500,000 if the Strategic Bitcoin Reserve involves life.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated matters that reduce throughout DeFi, NFTs, sensible contracts, and blockchain interoperability, amongst others. Boluwatife has a knack for simplifying essentially the most technical ideas and making it straightforward for crypto newbies to know. Away from writing, He’s an avid basketball lover and a part-time degen.
Disclaimer: The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty on your private monetary loss.
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