TL;DR
- MicroStrategy has achieved a 38.7% increase in its Bitcoin investment during November, accumulating a reserve of 402,100 BTC.
- The company acquired 149,880 BTC in November and plans to raise $42 billion through its “21/21 Plan” to continue expanding its portfolio.
- The return on its investment could generate $9.4 billion in net income for shareholders.
MicroStrategy, the firm led by Michael Saylor, has achieved excellent performance in its Bitcoin investment, seeing a 38.7% increase during the month of November.
The high profitability corresponds to its reserve of 402,100 BTC, which is valued at over $38 billion. The company has maintained its aggressive Bitcoin buying strategy, acquiring a total of 149,880 BTC in November at an average price of $90,231 per unit.
The performance of the investment has had a positive impact on the company’s finances. If each BTC is valued at $96,000 per unit, MicroStrategy’s assets could generate approximately $9.4 billion in net income for shareholders. The additional acquisition of 15,400 BTC in the last week of November, with an investment of $1.5 billion, further increases the total value of its reserves, strengthening its position as one of the largest corporate holders of Bitcoin.
MicroStrategy’s Future Plans
On the other hand, the company has reinforced its crypto adoption strategy with the launch of its “21/21 Plan,” an initiative aimed at raising $42 billion in three years to continue expanding its Bitcoin portfolio. The plan includes financing this expansion through a combination of equities and bonds, each valued at $21 billion. The strategy is based on Saylor’s firm belief that Bitcoin offers better long-term returns than traditional investments like stock buybacks and dividends.
MicroStrategy’s continuous increase in Bitcoin investment also coincides with strong optimism surrounding the cryptocurrency, especially as it nears the historic $100,000 mark per unit. The optimism is backed by greater institutional adoption and a more favorable regulatory environment, generating positive expectations about BTC’s future. MicroStrategy has become a key player in the world of cryptocurrency investments, demonstrating a long-term vision that could set the standard for other companies in the market