MicroStrategy Reports 42% Annualized Returns Since Adopting Bitcoin as Reserve Asset, Current Holdings Show $11.4B Unrealized Loss

BTC2.04%
MSTR-2.54%
According to BlockBeats, on July 29, MicroStrategy (Nasdaq: MSTR) executive chairman Michael Saylor reported the company's annualized stock returns of 42% since adopting Bitcoin as its primary reserve asset in August 2020. As of the same date, MSTR holds 843,775 BTC acquired at an average cost of $75,476 per coin, totaling approximately $63.69 billion in cumulative purchases. The current position reflects a 17.9% unrealized loss, or approximately $11.4 billion below cost basis.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments