MicroStrategy Stacks 258K BTC in 2024, Bags $14B for Shareholders

MicroStrategy (MSTR) made big news in 2024 with its aggressive Bitcoin buying, adding 258,320 to its stack.

Executive Chairman Michael Saylor said the company now holds 447,470 BTC, acquired at an average price of $62,503 per coin. Those purchases are worth $27.97 billion and have added $14 billion to shareholder value.

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On X (formerly Twitter), Saylor posted:

  • BTC bought in 2024: 258,320 for $22.07 billion.
  • Average price in 2024: $85,450 per BTC.
  • Bitcoin Yield: 74.3%

Saylor said MicroStrategy will use digital assets for long-term growth, citing Bitcoin’s role in corporate treasury strategies.

Bold Vision: MicroStrategy’s $42B “21/21 Plan”

In October 2024, MicroStrategy announced its “21/21 Plan,” a plan to raise $42 billion by 2027 to buy more Bitcoin. The plan will raise $21 billion through equity and $21 billion through fixed income.

Saylor’s Bitcoin price forecast is aggressive:

  • Base Case (2045): $13 million per BTC.
  • Bear Case: $3 million.
  • Bull Case: $49 million.

These numbers show how much the company believes in Bitcoin. In 2024 alone, MicroStrategy’s strategy got the company into the Nasdaq 100, a sign that Bitcoin-focused companies are going mainstream.

Corporate Adoption of Bitcoin Accelerates

MicroStrategy isn’t the only one using Bitcoin for treasury management. More and more companies are adding Bitcoin to their financial plans.

Here’s a few:

  • Stock Performance: MicroStrategy’s Bitcoin buying has made the stock a top performer in the crypto space.
  • Policy Momentum: President-elect Donald Trump has announced a national Bitcoin reserve, further legitimizing Bitcoin in U.S. policy.

As Bitcoin moves into corporate and national strategies, MicroStrategy is ahead of the curve.

Looking Ahead

MicroStrategy’s 2024 was big. The company’s “21/21 Plan” will redefine corporate Bitcoin investing. The company will lead in the digital asset space. As the world catches up to this trend, MicroStrategy’s path will be the guide for others who want to get in on Bitcoin’s action.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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