MicroStrategy’s Bitcoin Holdings Exceed $20B, With ROI Hitting Over 100%

Key takeaways

• MicroStrategy's Bitcoin holdings have surpassed $20 billion, scaling up its return on investment (ROI) to over 100%.
• The Bitcoin stashing firm accumulated Bitcoin at an average cost of $39,292 per token.
• Bitcoin hit a new ATH as it surged above $80,00 amid the bullish trend in the broader crypto market.

MicroStrategy's Bitcoin Portfolio Exceeds $20 Billion, With Over 100% Growth On ROI

Prominent business intelligence company MicroStrategy's Bitcoin portfolio has exceeded $20 Billion as BTC surged across the $80,000 threshold.

SaylorTracker.com data shows that MicroStrategy's Bitcoin portfolio is worth over $20.67 billion, with a return on investment (ROI) of 107.8%.

Notably, the value of MicroStrategy's 252,200 Bitcoin tokens grew as the primary crypto asset saw another record-breaking rally across the $80,000 region.

Further, the data indicated that MicroStrategy has purchased Bitcoin tokens 42 times since it started its BTC stacking investment strategy. The company's average cost of accumulation is $39,292 per BTC, according to data from BitcoinTreasuries by Bitbo.

Again, the data indicated that on December 21, 2020, MicroStrategy made its largest purchase of 29,646 BTC coins worth $650 million during the period.

MicroStrategy's co-founder and executive chairman, Michael Saylor, reacted to the company's new feat.In an X post, Saylor said, I think saylortracker.com needs more green dots," suggesting more Bitcoin purchases.

Source: X Platform - Michael Saylor

Based on its strategy accumulation, MicroStrategy currently ranks as the largest corporate Bitcoin holder.Bitcoin mining firms Marathon Digital and Riot Platforms follow closely with BTC holdings of $2.1 billion and $840 million, respectively.

Despite its outstanding record with Bitcoin as a primary reserve treasury asset, MicroStrategy still perseveres in its commitment. Recently, the firm disclosed its plan to generate $42 billion in the next three years for more Bitcoin accumulation.

This move aligns with its strategic 21/21 plan, comprising $21 billion worth of equity and $21 billion in fixed-income securities.

BTC Hits New ATH of Over $80,000 As Broader Crypto Market Remains Bullish.

Bitcoin has indicated an outstanding rally within the past few days. Following the growing bullish pressure in the market, BTC sets another all-time high of $82,371 today, November 11. This comes after BTC reacted to Trump's victory and rallied to $76,460 on November 7.

BTC trades at $82,131, reflecting a 3.08% increase over the past day. Its market cap now sits at $1.62 trillion, with about 58.23% dominance over the altcoins.

Similarly, several crypto assets play in the green with significant price reclaims. The overall crypto market cap has rallied to over $2.77 trillion, according to CoinMarketCap.

Ethereum (ETH) has crossed the $3,000 region and currently hovers around $3,185.Solana (SOL) remains the fourth-largest crypto asset, with a market cap of $101.96 billion. SOL recorded a 5.13% surge to reach $215.

Prominent meme coins are not left out in the bullish trend. Dogecoin (DOGE) rallied by over 19% to hit $0.2871, displacing USDC as the sixth crypto asset with a market cap of $42.18 billion.

Also, Shiba Inu (SHIB) recorded more than an 11% increase within the past 24 hours, reaching $0.00002588. With a market cap of $15,24, SHIB has risen to the tenth-largest crypto asset.

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