MicroStrategy Bitcoin Holdings Chart & Purchase History (2024)

FAQs

How much Bitcoin has MicroStrategy bought? ›

MicroStrategy could be seen as a leveraged bitcoin vehicle, as it has issued $4.4 billion in debt since 2020 and purchased 226,331 bitcoins, valued at about $14.7 billion. Those moves have made MicroStrategy the largest corporate holder of bitcoin.

Digital Assets: As of March 31, 2024, the carrying value of the Company's digital assets (comprised of approximately 214,278 bitcoins) was $5.074 billion, which reflects cumulative impairment losses of $2.461 billion since acquisition and an average carrying amount per bitcoin of approximately $23,680.

In its latest financial results, MicroStrategy announced that it bought 25,250 bitcoins in the first four months of 2024, taking its total to 214,400 BTC – more than 1 per cent of all bitcoins in existence.

Because Saylor owns about 12% of the company's shares, his stock holdings plus his personal stash of more than 17,000 Bitcoin factor in majorly to his net worth of just under $4 billion, according to Forbes.

Total debt on the balance sheet as of March 2024 : $3.61 B

According to MicroStrategy's latest financial reports the company's total debt is $3.61 B. A company's total debt is the sum of all current and non-current debts.

Collectively, public companies own more than 306,669 BTC, equal to 1.46% of the total supply. Microstrategy, led by Michael Saylor, holds more bitcoin than any other public company. Microstrategy has acquired 214,278 BTC, which represents roughly 1.02% of the total supply.

The person who holds the most bitcoin is believed to be Satoshi Nakamoto, the unknown figure behind its creation. Bitcoin has been a business interest for many years, but following the approval of spot bitcoin ETFs in January 2024, businesses accounted for the most bitcoin held.

Average Price Target

Based on 4 Wall Street analysts offering 12 month price targets for Microstrategy in the last 3 months. The average price target is $1,793.00 with a high forecast of $2,047.00 and a low forecast of $1,450.00. The average price target represents a 11.81% change from the last price of $1,603.67.

The enterprise-software maker run by Bitcoin advocate Michael Saylor, said in a statement Monday that it had a net loss of $53 million, or $3.09 a share. Revenue fell 5.5% to $115.2 million, missing the average estimate of analysts surveyed by Bloomberg.

What is the maximum number of Bitcoins that will ever enter circulation? ›

The maximum supply of 21 million bitcoins will be reached around the year 2140, after which no new bitcoins can be mined. The 21 million Bitcoin limit also has important implications for the process of Bitcoin mining.

In total, the country has 2,381 bitcoins in its treasury. The country has also seen its bonds surge in the last year, with a debt due in 2052 trading above 80 cents on the dollar, according to FactSet data.

There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC). The number of global crypto owners reached 580 million by the end of 2023, according to Crypto.com.

How Much Bitcoin Does BlackRock Own? The Blackrock's iShares Bitcoin Trust (IBIT) currently holds 305,612.3 BTC as of June 21, 2024.

This means that Tesla missed out on an extra $500 million in profit had it not sold its Bitcoin in March 2021 and June 2022. Tesla still holds 9,720 Bitcoins, worth around $400 million at current prices. It will be interesting to see whether it holds on to the tokens in 2024 or sells.

Vanguard owns the most shares of Microstrategy Inc.

BlackRock (NYSE:BLK) bought 116,704 shares, bringing its stake to 1.02 million shares.

From the time of its initial public offering in June 1998 through March 2000, MicroStrategy, Inc., a software company whose securities are listed on NASDAQ, materially overstated its revenues and earnings contrary to Generally Accepted Accounting Principles ("GAAP").