MicroStrategy’s Bitcoin Portfolio Soars Past $20 Billion as BTC Reaches Record Highs

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.

MicroStrategy Bitcoin Portfolio. Source: SaylorTracker

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.

MicroStrategy (MSTR) Price Performance. Source: TradingView

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.

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