MicroStrategy Bitcoin Portfolio Skyrockets Over $20 Billion, ROI Reaches 100%

2024-11-12

MicroStrategy Bitcoin Portfolio Skyrockets Over $20 Billion, ROI Reaches 100%.webp

BittimeMicroStrategy, a company known as a pioneer in corporate Bitcoin investment, has again set a new record in crypto history. 

The Bitcoin portfolio of the company led by Michael Saylor has reached a value of more than $20 billion (around IDR 314 trillion) after the price of Bitcoin soared above $80,000 (around IDR 1,256 billion). 

This extraordinary price increase not only strengthens MicroStrategy's position as the largest Bitcoin holder in the world. 

However, they also provide a return on investment (ROI) of over 100%, a spectacular achievement in the world of finance.

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MicroStrategy's Ambitious Steps in the Bitcoin World

MicroStrategy owns 252,200 Bitcoins with an accumulated value of $20.5 billion (around IDR 321.85 trillion), according to data from the “Saylor Tracker,” which is named after Michael Saylor, the company's founder and executive. 

This Bitcoin was purchased in 42 purchases at an average price of $39,292 (around Rp. 617.89 million) per BTC. This is an investment strategy known as the dollar-cost averaging method. 

With this step, MicroStrategy is able to maintain its position as the largest corporate Bitcoin holder, far above companies such as Marathon Digital which owns Bitcoin worth $2.1 billion (around IDR 32.97 trillion) and Riot Platforms worth $840 million (around IDR 13.2 trillion).

It doesn't just stop there, MicroStrategy is planning a massive fundraising campaign of up to $42 billion (around Rp. 659.4 trillion) in the next three years through the "21/21 Plan." This is to increase their Bitcoin holdings.

Read also:  Bitcoin is now in the political spotlight, not having BTC can be a big risk!

The ambitious plan consists of $21 billion in equities and $21 billion in fixed income securities, confirming that MicroStrategy is not playing around in securing their position at the top of the Bitcoin investment world.

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Bitcoin Skyrockets to All-Time High

The increase in the price of Bitcoin, which is now at $89,560 (around Rp. 1.4 billion), is the main driver of the skyrocketing value of MicroStrategy's portfolio. 

This increase not only benefits MicroStrategy, but also a number of countries and other large companies that have also piled into Bitcoin. 

The country of Bhutan, for example, through its massive Bitcoin mining operations, has built up Bitcoin reserves which are now worth more than $1 billion (around IDR 15.7 trillion). This is equivalent to 32% of the country's Gross Domestic Product (GDP).

On the other hand, El Salvador, the first country to make Bitcoin a legal tender, is also enjoying the benefits of this investment. 

With 5,930 Bitcoins owned, the country achieved a portfolio value of more than $482 million (around Rp. 7.56 trillion), an increase of 80% from their initial capital. 

El Salvador has even added new sources to supplement their Bitcoins through a Bitcoin passport and mining program that utilizes volcanic energy, an unprecedented breakthrough.

Read also: What is Bitcoin Dominance and Why is it Important for the Crypto Market?

Consistent Dollar-Cost Averaging Strategy

Even though it is currently at its peak, the Bitcoin investment journey by MicroStrategy, Bhutan and El Salvador is not without risk. 

El Salvador, for example, started investing in Bitcoin just before the crypto market hit a cyclical peak in 2021, which was then followed by a massive decline in 2022. 

Even though it was doubtful, the dollar-cost averaging strategy of buying 1 BTC every day implemented by El Salvador has proven to be able to bring long-term profits to the country.

This consistent strategy shows that MicroStrategy and countries investing in Bitcoin see this cryptocurrency as a long-term asset that can be a savior amidst global economic uncertainty.

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Conclusion

MicroStrategy's success in its Bitcoin portfolio strategy is strong evidence that Bitcoin remains an attractive long-term investment option. 

With an ROI that has exceeded 100%, MicroStrategy has succeeded in showing the world that Bitcoin is not just a speculative asset. 

The ambitious plan to raise $42 billion to add to its Bitcoin holdings is the company's real step in making Bitcoin an important part of the modern financial portfolio.

As the price of Bitcoin increases and more companies and countries begin to adopt it, it seems that Bitcoin's future as “digital gold” is getting brighter. 

The increase in the value of MicroStrategy's Bitcoin portfolio shows that amidst global economic uncertainty, this crypto asset may become a new value protection instrument for investors around the world.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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