PakGazette – MicroStrategy, the business intelligence company with a big bet on (BTC), has seen notable returns for its investors. MicroStrategy CEO Michael Saylor shared the significant achievement with the community in an X post.
MicroStrategy’s Record Bitcoin Returns
Saylor highlighted that in the previous week, MicroStrategy (MSTR) achieved a Bitcoin gain of 6,120 BTC. This reflects a successful performance of its existing BTC holdings.
According to Saylor, the company recorded a BTC return of 1.36% on its base of 45,000 BTC, indicating that the 6,120 BTC qualify as profits. Comparing the asset to an approximate market price of 105,000 per BTC, Saylor emphasized that it translates to $642.6 million.
This amount represents earnings from MicroStrategy’s treasury operations only. As Saylor noted, this notable performance reinforces the company’s commitment to “maximizing shareholder returns.”
The CEO of MicroStrategy clarified in his post that the company remains focused on using Bitcoin as a central pillar of its strategy. That is, Bitcoin remains key to offering long-term value to its shareholders.
Last week’s performance dwarfs that of two weeks ago, when the cumulative profits for MSTR shareholders came from 1,440 BTC. That week, the accumulated value amounted to about 138 million dollars. It is worth mentioning that BTC was trading at approximately $96,000 back then.
Saylor’s Unwavering Optimism About Bitcoin
At the time of writing, Bitcoin is trading at $104,542.64 in 24 hours. The asset has traded between a low of $102,768.62 and a high of $107,180.92.
Financial experts highlight that this BTC price movement shows that the currency could surprise market participants with new peaks in the first quarter of 2025.
Meanwhile, Saylor recently reaffirmed his unwavering belief in the potential and value of Bitcoin as a cryptocurrency. The Bitcoin enthusiast maintains that no other cryptocurrency could compare or rival BTC.
