FOMO

Bitcoin

Rally

MSTR

<p>Bitcoin (BTC) has finally broken past the <a href="https://coinpedia.org/news/bitcoin-price-breaks-historic-100k-mark-surges-beyond-101k/" target="_blank" rel="noreferrer noopener">$100,000 mark,</a> reaching this milestone for the first time since its creation after the 2008 financial crisis. The leading cryptocurrency surged over 7% in the past 24 hours, trading at $102,900 early Thursday, December 5, during the Asian session.</p>   
<p>This record-breaking surge triggered significant movements in the crypto market. More than $644 million was liquidated from leveraged positions, with Bitcoin accounting for $169 million. At the same time, the recent altcoin rally slowed as Bitcoin's dominance in the market climbed above 56%.</p>   
<h2 class="wp-block-heading" id="h-microstrategy-s-bitcoin-strategy-yields-big-rewards">MicroStrategy’s Bitcoin Strategy Yields Big Rewards</h2>   
<p>MicroStrategy Inc. (NASDAQ: MSTR) has been at the forefront of institutional Bitcoin adoption since 2020. To date, the company has purchased 402,100 BTC, valued at over $40 billion. Earlier this week, it added 15,400 BTC to its holdings after raising $1.5 billion through stock sales.</p>   
<p>This aggressive <a href="https://coinpedia.org/news/microstrategys-bitcoin-strategy-yields-41-8-return-in-2024/" target="_blank" rel="noreferrer noopener">Bitcoin strategy </a>has significantly benefited MicroStrategy’s shareholders. The company has achieved a 38.7% return on its Bitcoin holdings quarter-to-date (QTD) and an impressive 63.3% year-to-date (YTD).</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/kobeissiletter/status/1864502871577800757?s=46 
 </div>
</figure>   
<p><strong>MicroStrategy Stock Soars</strong></p>   
<p>MicroStrategy’s stock (MSTR) has surged over 542% this year, outperforming every major Wall Street index. In just the past 24 hours, its share price rose by more than 10%, reaching $410.85 in after-hours trading. </p>   
<p>The company’s market valuation has skyrocketed to approximately $83.9 billion at the time of writing.</p>   
<h2 class="wp-block-heading" id="h-a-strong-model-for-other-businesses">A Strong Model for Other Businesses </h2>   
<p>MicroStrategy’s success, despite not offering a traditional product, has inspired other companies worldwide to explore similar strategies. Its approach of holding <a href="https://coinpedia.org/news/us-senate-introduced-bitcoin-act-of-2024-as-btc-hits-93000/" target="_blank" rel="noreferrer noopener">Bitcoin as a reserve asset</a> has even sparked discussions at the national level. Reports suggest that the incoming Trump administration may consider legislation to purchase 1 million BTC over the next five years.</p>   
<p><strong>Analysts believe heightened institutional demand and favorable market conditions could push Bitcoin’s price even higher in the months ahead.</strong> <strong>We think they're right! </strong></p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733378764155">
  <strong class="schema-faq-question"><strong>What is the future outlook for Bitcoin and MicroStrategy?</strong></strong> 
  <p class="schema-faq-answer">Bitcoin's price trajectory remains bullish with institutional adoption, and MicroStrategy’s valuation benefits from its strategic BTC holdings</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733378776212">
  <strong class="schema-faq-question">What are MicroStrategy’s current Bitcoin holdings?</strong> 
  <p class="schema-faq-answer">MicroStrategy owns 402,100+ BTC, valued at over $40 billion, making it the largest publicly traded Bitcoin holder globally.</p> 
 </div> 
</div>

BTC at $100K: How Much Are MicroStrategy’s Bitcoin Holdings Worth Today?

Table of Contents

CoinPedia News

Other articles published on Dec 5, 2024

Layer N Launches Blockchain N1 for Next-Gen Apps

Temu suspended in Vietnam after failing to meet registration deadline

Ceffu Joins Forces with EOS to Deliver Advanced Custody and CeDeFi Opportunities

Bitcoin’s market cap hits $2.04 trillion, surpassing nearly all of S&P 500

Spacecoin to Launch First Satellite, Paving the Way for Decentralized High-Speed Internet for Bil...

Phantom Wallet Integrates Sui

Join our free newsletter for daily crypto updates!