MicroStrategy founder highlights Bitcoin gains and shareholder value creation
January 07, 2025, 1:44 PM
Michael Saylor, founder of MicroStrategy (NASDAQ: MSTR), reported on X that in 2024, the company acquired 258,320 BTC at an average price of $85,450 per Bitcoin, investing $22.07 billion. Starting the year with 189,150 BTC, the company added 140,630 BTC, averaging 385 BTC per day. Saylor noted that if Bitcoin reaches $100,000, this would translate to $14.06 billion in shareholder value for the year, equivalent to $38.5 million per day.
Log in to leave comments!
Share insights, connect ideas
Log In