MicroStrategy (NASDAQ: MSTR) has acquired 402,100 Bitcoins, valued at approximately $39.1 billion, since it first invested $250 million in Bitcoin in August 2020. This investment has yielded a remarkable 2,700% return for investors, as Bitcoin recently surpassed $100,000 for the first time.
To date, MicroStrategy has spent about $23.4 billion on Bitcoin at an average price of $58,263 per Bitcoin. With a market capitalization of approximately $91.1 billion and outstanding shares projected to rise from 234.2 million to 270.2 million by 2032, the company faces significant shares dilution, reducing existing investors’ stakes by nearly 60%.
Currently, 100% of MicroStrategy’s Bitcoin holdings are unencumbered, meaning the firm is not pressured to sell in a market downturn. Going forward, it plans to raise $42 billion through a “21/21 Plan” for further Bitcoin purchases.
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