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Michael Saylor Highlights Massive 258,320 BTC Milestone: Details
The post Michael Saylor Highlights Massive 258,320 BTC Milestone: Details appeared on BitcoinEthereumNews.com. Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a recent tweet, Michael Saylor, the executive chairman and co-founder of MicroStrategy, highlighted the company’s record-breaking Bitcoin achievement in the past year: the acquisition of 258,320 BTC. Saylor disclosed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024, at an average price of nearly $85,450 per BTC. This acquisition resulted in a remarkable 74.3% BTC yield for the year. Starting the year 2024 with 189,150 BTC, MicroStrategy realized a BTC gain of 140,630 BTC, averaging 385 BTC per day. $MSTR acquired 258,320 BTC for $22.07B (~$85,450/BTC) in 2024 and achieved a 74.3% BTC Yield, starting the year with 189,150 BTC and realizing a BTC Gain of 140,630 BTC (385/day). At $100K/BTC, this translates to shareholder value creation of $14.06B for the year or $38.5M/day. — Michael Saylor⚡️ (@saylor) January 7, 2025 MicroStrategy’s bold Bitcoin bet in the past year has paid off in a big way. According to Saylor, at the current price of $100,000 per BTC, this translates to shareholder value creation of $14.06 billion for the year, or $38.5 million per day. With this, MicroStrategy has proven that a Bitcoin-focused corporate strategy can drive massive returns. Related In a tweet earlier today, Saylor reminisced about the company’s Bitcoin strategy, posting SaylorTracker, a popular graph that tracks the firm’s buys, alongside the caption, “This…
The post Michael Saylor Highlights Massive 258,320 BTC Milestone: Details appeared on BitcoinEthereumNews.com.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a recent tweet, Michael Saylor, the executive chairman and co-founder of MicroStrategy, highlighted the company’s record-breaking Bitcoin achievement in the past year: the acquisition of 258,320 BTC. Saylor disclosed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024, at an average price of nearly $85,450 per BTC. This acquisition resulted in a remarkable 74.3% BTC yield for the year. Starting the year 2024 with 189,150 BTC, MicroStrategy realized a BTC gain of 140,630 BTC, averaging 385 BTC per day. $MSTR acquired 258,320 BTC for $22.07B (~$85,450/BTC) in 2024 and achieved a 74.3% BTC Yield, starting the year with 189,150 BTC and realizing a BTC Gain of 140,630 BTC (385/day). At $100K/BTC, this translates to shareholder value creation of $14.06B for the year or $38.5M/day. — Michael Saylor⚡️ (@saylor) January 7, 2025 MicroStrategy’s bold Bitcoin bet in the past year has paid off in a big way. According to Saylor, at the current price of $100,000 per BTC, this translates to shareholder value creation of $14.06 billion for the year, or $38.5 million per day. With this, MicroStrategy has proven that a Bitcoin-focused corporate strategy can drive massive returns. Related In a tweet earlier today, Saylor reminisced about the company’s Bitcoin strategy, posting SaylorTracker, a popular graph that tracks the firm’s buys, alongside the caption, “This…
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