Microstrategy acquired an additional 16’300 BTC for an average price of $36,8k at a cost of $593 million in the fourth quarter 2023. Saylor has been more active this year than in 2022.
| 2021 | 2022 | Q1 – Q3 | |
|---|---|---|---|
| Funds deployed | 70% | 6,9% | 21% |
| Nr. BTC acquired | 43,4% | 6,1% | 19,8% |
Bitcoin Ownership
Starting August 2020, Microstrategy bought in aggregate 174,5 thousand BTC at a total cost of $5,3 billion for an average price of $30,5k.
With BTC at $39’455 today, this amounts to a market value of $6,9 billion and an unrealized gain of $1’6 billion. The total position is now 29,3% in the black.
The company now controls 0,83% of 21 million maximum Bitcoin supply.
Will Saylor stop when he reaches 1%?
Sources:
Source Microstrategy financials:
Microstrategy investor relations page for 8-K, 10-K and 10-Q reports.Source Microstrategy stock market data: finance.yahoo.com
Source shares outstanding:
ycharts.comSource BTC price:
coingecko.com
Notes:
- Funds deployed: funds allocated during a certain period in comparison with overall investments in a particular asset
- Nr. BTC acquired: amount Bitcoin acquired during a certain period in comparison with total amount on the books
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