BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

MicroStrategy’s Bitcoin Holdings Exceed $23 Billion Amid Crypto Surge

Matoy by Matoy
November 11, 2024
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 2 mins read
2
SHARES
31
VIEWS
Share on XShare in TelegramShare on Reddit
  • MicroStrategy’s 252,200 Bitcoin holdings now valued at $23.5 billion, up over 104%
  • Bhutan’s Bitcoin holdings reach $1 billion, comprising 32% of its GDP
  • El Salvador gains 80% on Bitcoin investment, continues daily dollar-cost averaging

Business intelligence firm MicroStrategy’s Bitcoin holdings have surged in value, now worth more than $23.5 billion as Bitcoin rallied past $87,000. This substantial increase puts MicroStrategy’s 252,200 BTC investment up over 104%, according to data from “Saylor Tracker,” a platform named after executive chairman Michael Saylor.

JUST IN: MicroStrategy's $MSTR Bitcoin position is up $4.5 billion over the last 24 hours, and currently sits at $11.6 billion in profit 🚀 pic.twitter.com/JTUhPtIG7W

— BlockNews (@blocknewsdotcom) November 11, 2024

MicroStrategy’s Aggressive Bitcoin Accumulation

MicroStrategy has consistently expanded its Bitcoin holdings, making 42 separate purchases at an average price of $39,292 per BTC, according to BitcoinTreasuries. As the largest corporate Bitcoin holder, MicroStrategy holds significantly more than other firms, including Bitcoin miners Marathon Digital and Riot Platforms, which hold $2.1 billion and $840 million worth of BTC, respectively. MicroStrategy aims to raise $42 billion over the next three years through its “21/21” plan, a combination of $21 billion in equity and $21 billion in fixed-income securities to further bolster its Bitcoin reserves.

Global Bitcoin Holders Benefit from Market Surge

Other major Bitcoin holders are also benefiting from the recent price surge. Bhutan, with a Bitcoin reserve valued over $1 billion, has integrated Bitcoin into its economic strategy, using it as a strategic currency reserve. According to Arkham Intelligence, Bhutan’s BTC holdings now account for 32% of the nation’s $3.15 billion GDP, as reported by the IMF in October.

El Salvador has also profited from its Bitcoin investment, with its holdings of 5,930 BTC now worth over $482 million, reflecting an 80% gain. Led by President Nayib Bukele, the country continues its dollar-cost averaging approach, purchasing 1 BTC per day while also funding its Bitcoin acquisitions through its passport program and volcanic mining revenue.

As Bitcoin’s price reaches new highs, these countries and corporations highlight the growing adoption of Bitcoin as both a strategic investment and a financial reserve.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Microstrategy
Tweet1ShareShare
Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

DON'T MISS THESE! HOT OFF THE PRESS

Ethereum Surges 17% This Week – Bulls Target $6K as Momentum Heats Up
CRYPTO

Ethereum Surges 17% This Week – Bulls Target $6K as Momentum Heats Up

October 4, 2025
CRYPTO

XRP Could Dethrone Bitcoin by 2030? Cameron Scrubs Thinks So

October 4, 2025
Ray Dalio Backs Bitcoin as “Alternative Money” While Price Rockets Past $120K
BITCOIN

Ray Dalio Backs Bitcoin as “Alternative Money” While Price Rockets Past $120K

October 3, 2025
BNB Blasts Past $1,100 as Treasury Buys and Upgrades Push Price Higher
BINANCE BNB

BNB Blasts Past $1,100 as Treasury Buys and Upgrades Push Price Higher

October 3, 2025
FLOKI Becomes First BNB Chain Token With ETP Listing in Europe
BINANCE BNB

FLOKI Becomes First BNB Chain Token With ETP Listing in Europe

October 3, 2025
XRP Price Prediction 2025–2033 – Here is When Analysts Expect $4, $5, $9, and $10
CRYPTO

XRP Price Prediction 2025–2033 – Here is When Analysts Expect $4, $5, $9, and $10

October 3, 2025
Load More

Related News

Ethereum Surges 17% This Week – Bulls Target $6K as Momentum Heats Up

Ethereum Surges 17% This Week – Bulls Target $6K as Momentum Heats Up

October 4, 2025

XRP Could Dethrone Bitcoin by 2030? Cameron Scrubs Thinks So

October 4, 2025
Ray Dalio Backs Bitcoin as “Alternative Money” While Price Rockets Past $120K

Ray Dalio Backs Bitcoin as “Alternative Money” While Price Rockets Past $120K

October 3, 2025
BNB Blasts Past $1,100 as Treasury Buys and Upgrades Push Price Higher

BNB Blasts Past $1,100 as Treasury Buys and Upgrades Push Price Higher

October 3, 2025
FLOKI Becomes First BNB Chain Token With ETP Listing in Europe

FLOKI Becomes First BNB Chain Token With ETP Listing in Europe

October 3, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews