MicroStrategy Inc. has achieved an unprecedented $24 billion profit from its Bitcoin holdings as the cryptocurrency surged to a new all-time high. The enterprise software company currently holds 597,325 BTC valued at $66.4 billion, representing approximately 3% of Bitcoin’s total circulating supply.
The substantial gains follow MicroStrategy’s calculated accumulation strategy, with the company acquiring its Bitcoin reserves at an average purchase price of $71,023 per BTC. This strategic position establishes MicroStrategy as the largest corporate holder of Bitcoin globally, marking a significant milestone in institutional cryptocurrency adoption.