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<ul class="news-points wp-block-list">
 <li>MicroStrategy’s stock increased by 1,218% over the past five years.</li>
 <li>The company now holds $15 billion worth of Bitcoin, transitioning from a cash reserve strategy.</li>
 <li>Industry experts foresee Bitcoin becoming a standard in corporate treasuries.</li>
</ul>
MicroStrategy’s move from cash to Bitcoin has resulted in a remarkable 1,218% increase in its stock price over the past five years. The company now holds over $15 billion in Bitcoin, leading to discussions about the future of corporate treasuries and the role of decentralized assets.
As of October 7, 2024, MicroStrategy’s stock price hit an all-time high of $199.9, marking an impressive 1,200%+ growth since the company adopted its Bitcoin strategy. This shift saw the company move from holding $500 million in cash reserves to accumulating 252,220 BTC, now valued at over $15 billion.
Led by Chairman <a href="https://coinedition.com/microstrategys-saylor-bitcoin-community-expects-50-yearly-growth/" rel="noopener noreferrer nofollow">Michael Saylor</a>, MicroStrategy has consistently used a dollar-cost averaging (DCA) strategy for its Bitcoin purchases, with an <a href="https://saylortracker.com/" target="_blank" rel="noopener noreferrer nofollow">average buy-in price</a> of $39,464.75 per Bitcoin.
With Bitcoin’s current market price around $62,324.37, the company’s total Bitcoin portfolio has appreciated by 58.25%, translating into appro…
The post <a href="https://coinedition.com/microstrategys-bitcoin-strategy-drives-1218-stock-surge-to-all-time-high/" rel="noopener noreferrer nofollow">MicroStrategy’s Bitcoin Strategy Drives 1,218% Stock Surge to All-Time High</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

MicroStrategy’s Bitcoin Strategy Drives 1,218% Stock Surge to All-Time High

Coin Edition

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