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 because of the flagship crypto’s efficiency final yr.
MicroStrategy Bought $22 Billion Worth Of BTC In 2024
In an X post, Saylor revealed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024 at a median worth of $85,450 per Bitcoin. He added that his firm achieved a 74.3% BTC yield final yr.
The firm 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 worth at $100,000, this interprets to shareholder worth creation of $14.06 billion for the yr or $38.5 million every day.
It is price mentioning that a lot of the firm’s Bitcoin purchases got here in 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 firm lately acquired 1,070 BTC for $101 million. More 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 Corporations Doubled Last Year
Bitwise’s Head of Research, Ryan Rasmussen, lately revealed that the quantity of Bitcoin held by companies has doubled over the previous yr. In 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. Another improve of 13% occurred within the third quarter of 2024, with the BTC held by these companies rising to 361,736.
The largest improve (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.
Companies 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 Corporations Buying BTC
Bitwise’s Chief Investment Officer (CIO) Matt Hougan lately commented on companies shopping for Bitcoin. He acknowledged that it’s a a lot greater deal than most individuals assume.
In an earlier submit, he highlighted how these firms fashioned 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 might attain as excessive as $200,000 this yr thanks to those sources of demand. Hougan additionally predicted that BTC might 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 lined subjects that lower throughout DeFi, NFTs, good contracts, and blockchain interoperability, amongst others. Boluwatife has a knack for simplifying essentially the most technical ideas and making it simple for crypto newbies to know. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The offered content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
