According to Bitcoin Treasury data, this Bitcoin stacking company has purchased Bitcoin 42 times, with an average cost of $39,292.
As Bitcoin price has risen to over $80,000, the business intelligence company MicroStrategy's Bitcoin reserves are now worth over $20 billion.
According to the "Saylor Tracker" named after the company's executive chairman Michael Saylor, MicroStrategy's 252,200 Bitcoins, at a BTC price of $81,430, are now worth $205.4 billion - making the company's Bitcoin investment strategy up over 104%.
Bitcoin Treasury data shows this Bitcoin stacking company has purchased Bitcoin 42 times, with an average cost of $39,292.
MicroStrategy remains the largest corporate Bitcoin holder to date, followed by Bitcoin miners Marathon Digital and Riot Platforms, holding $2.1 billion and $840 million worth of Bitcoin respectively.
MicroStrategy also plans to raise a massive $42 billion over the next three years to stack more Bitcoin under its "21/21" plan - including $21 billion in equity and $21 billion in fixed-income securities.
According to CoinGecko, the current price of Bitcoin is $81,617, a new all-time high. This surge has also benefited other major Bitcoin holders.
According to blockchain analytics firm Arkham Intelligence, Bhutan's Bitcoin holdings are now worth over $1 billion.
Bhutan's cryptocurrency holdings. Source: Arkham Intelligence
Bhutan has been building a large-scale Bitcoin mining business, seemingly using Bitcoin as a strategic currency reserve.
According to the International Monetary Fund's October 2024 data, the country's Bitcoin holdings account for 32% of its $31.5 billion GDP.
Meanwhile, Drop Stab data shows that El Salvador has also benefited from its Bitcoin investment strategy, with its 5,930 Bitcoins now worth over $482 million.
The Central American country has gained 80% on its Bitcoin investments, with unrealized profits of nearly $214 million. But things have not always been smooth sailing.
El Salvador began its Bitcoin investment strategy two months before Bitcoin peaked in the 2020-2021 cycle, and was widely criticized by the media shortly after the 2022 market crash.
The nation led by Nayib Bukele continues to dollar-cost average into Bitcoin, buying just 1 Bitcoin per day.
El Salvador's Bitcoin balance. Source: El Salvador National Bitcoin Office
El Salvador is also accumulating Bitcoin through its passport program and revenues from its Volcano Bitcoin mining project.
