According to Cointelegraph, data from BitcoinTreasuries shows that MicroStrategy, this Bitcoin accumulation company, has made 42 Bitcoin purchases at an average cost of $39,292.
As the leading cryptocurrency price surpasses $80,000, business intelligence company MicroStrategy's Bitcoin reserves have exceeded $20 billion.
MicroStrategy's 252,200 Bitcoins are currently valued at $20.5 billion, allowing the company to achieve over 104% returns on its Bitcoin investment strategy, as shown by the 'Saylor Tracker' named after company executive chairman Michael Saylor.
This Bitcoin accumulation company has made 42 Bitcoin purchases at an average cost of $39,292, according to BitcoinTreasuries data.
MicroStrategy remains the largest corporate holder of Bitcoin, followed by Bitcoin miners Marathon Digital and Riot Platforms, which hold Bitcoins valued at $2.1 billion and $840 million, respectively.
MicroStrategy plans to raise up to $42 billion over the next three years to accumulate more Bitcoin under its '21/21' plan, which includes $21 billion in equity and $21 billion in fixed-income securities.
The current price of Bitcoin is $81,617, setting a new all-time high, data sourced from CoinGecko.
This price increase has also benefited other major Bitcoin holders.
According to data from blockchain analytics firm Arkham Intelligence, Bhutan's Bitcoin holdings exceed $1 billion.
Bhutan is building a large-scale Bitcoin mining project, seemingly treating Bitcoin as a strategic currency reserve.
According to data from the International Monetary Fund, Bhutan's Bitcoin holdings account for 32% of its $3.15 billion GDP, data from October 2024.
El Salvador has also seen returns from its Bitcoin investment strategy, with its 5,930 Bitcoins now valued at over $482 million, according to Drop Stab data.
This Central American country's Bitcoin investment has yielded a return of 80%, with unrealized profits nearing $214 million.
However, this path is not always smooth.
El Salvador began its Bitcoin investment strategy two months before the peak of the 2020-2021 cycle, and after the overall market drop in 2022, the strategy was widely criticized by the media.
The country, led by Nayib Bukele, continues to dollar-cost average by purchasing one Bitcoin daily.
El Salvador is also accumulating Bitcoin through its passport program and revenues from its volcano Bitcoin mining project.
