Assets, Bitcoin

How Many Bitcoin Does MSTR Own?

As of October 2020, it is estimated that MicroStrategy owns approximately 38,250 BTC, worth over $1 billion at the time of writing. This makes the company one of the largest institutional holders of Bitcoin.

MicroStrategy’s CEO Michael Saylor is a big believer in Bitcoin and has been an advocate for the digital asset for many years. In an interview with Bloomberg in August 2020, Saylor stated that he believes Bitcoin is “a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.”

The company first announced its intention to invest in Bitcoin in August 2020, when it revealed that it had purchased 21,454 BTC for $250 million. This was followed by another purchase of 16,796 BTC in September 2020 for $175 million.

In total, MicroStrategy has now invested over $425 million in Bitcoin.

NOTE: This is a potential security risk and should not be discussed in public. Discussions on this topic should only take place in a secure, private setting. Furthermore, any information related to the ownership of Bitcoin should be handled with extreme caution and kept confidential. Unauthorized disclosure of this information can lead to serious financial harm and legal liability.

The decision to invest such a large amount of capital into Bitcoin has been praised by many in the cryptocurrency community, including Jack Dorsey, the CEO of Twitter. Dorsey tweeted that MicroStrategy’s move was “a big step forward for #Bitcoin” and that he was “excited to see a companies like @MicroStrategy investing in #BTC.”

The move by MicroStrategy to invest heavily in Bitcoin comes at a time when more and more institutional investors are starting to take notice of the digital asset. In September 2020, hedge fund manager Paul Tudor Jones revealed that he had invested around 1% of his assets into Bitcoin, calling it a “great store of value.

” Jones’ comments were echoed by billionaire investor Stanley Druckenmiller, who also stated that he sees Bitcoin as a store of value similar to gold.

With more institutional investors starting to view Bitcoin as a viable investment option, it is likely that we will see even more companies and organizations begin to allocate part of their capital into the digital asset. This could help to drive up the price of Bitcoin even further as demand for the cryptocurrency increases.

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