MicroStrategy, Tesla, and other major public entities record substantial gains on their stashes following Bitcoin’s price explosion past $88,000.

Data from the Saylor tracker shows that MicroStrategy’s Bitcoin stash is now worth $24.96 billion. Notably, the Michael Saylor co-founded software firm spent $11.98 billion to acquire its 279,420 BTC stash at an average price of $42,888. However, its Bitcoin portfolio has grown by over 108%, providing a staggering $12.97 billion unrealized gain.

Elon Musk’s Tesla spent $1.5 billion to acquire Bitcoin in February 2021, becoming the public firm with the largest Bitcoin holding at the time. Although the firm had sold 85% of the acquired stash, its 11,509 BTC stash has surpassed the $1 billion valuation.

El Salvador’s portfolio tracker shows it has acquired 6,154 BTC at an average price of $44,324. Meanwhile, the stash is now worth $502 million, with 99.32% of its valuation ($136 million) an unrealized profit.

Bhutan, the small Asian country, which acquired Bitcoin through its mining activities, now holds over $1 billion worth of the crypto firstborn. When its stash went public two months ago, Bhutan’s Druk Holdings held 13,036 BTC, worth $770 million.

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