MicroStrategy's Bitcoin portfolio reaches $20B milestone

MicroStrategy’s Bitcoin (CRYPTO:BTC) portfolio has exceeded $20 billion in value as Bitcoin’s price surged above $80,000.

The firm now holds 252,200 BTC, valued at $20.54 billion, reflecting a return on investment (ROI) of over 104%, according to “Saylor Tracker,” which follows the company’s Bitcoin strategy under executive chairman Michael Saylor.

Data from Bitcoin Treasuries shows that MicroStrategy has accumulated Bitcoin through 42 purchases at an average cost of $39,292 per BTC.

This makes the firm the largest corporate holder of Bitcoin, well ahead of Marathon Digital and Riot Platforms, which hold $2.1 billion and $840 million in BTC, respectively.

MicroStrategy is not slowing down, planning to raise $42 billion over the next three years under its “21/21” strategy, with $21 billion targeted from equity and $21 billion from fixed-income securities.

This move is aimed at further expanding its Bitcoin reserves.

Bitcoin’s current price, which has reached $81,617 as per CoinGecko, has also brought benefits to other significant holders.

Bhutan’s Bitcoin holdings now exceed $1 billion, supported by its substantial mining operations.

These holdings make up 32% of the nation’s GDP, which stands at $3.15 billion, based on International Monetary Fund data.

El Salvador, another notable Bitcoin investor, has seen its portfolio grow.

The country holds 5,930 BTC, now valued at over $482 million, resulting in an 80% increase and approximately $214 million in unrealised gains.

Despite challenges following its initial investments before the peak of the 2020-2021 cycle and subsequent market decline, El Salvador has continued its dollar-cost-averaging strategy, purchasing one Bitcoin per day.

At the time of reporting, the Bitcoin price was $81,789.36.