Based on Michael Saylor’s newest announcement, the world’s largest bitcoin holding firm now owns 528,185 BTC. That’s greater than 2.6% of bitcoin’s circulating provide.
Personally, Saylor additionally owns at the very least 17,000 extra bitcoin. Mixed, due to this fact, he and the corporate he based personal over 2.7% of bitcoin’s $1.6 trillion market capitalization.
MicroStrategy, doing enterprise as Technique, is a extremely leveraged speculator on bitcoin’s value. Technique presently owes $8.2 billion in US dollar-denominated money owed. As well as, Technique has dividend obligations to 2 most popular sequence of shareholders, STRK and STRF.
Blessed with an avid fan base of traders who assume that the bitcoin-acquiring firm is price greater than the bitcoin it has acquired, its MSTR widespread shares commerce at a curious premium to the belongings that again these shares. As of publication time, primary MSTR shares are buying and selling at a 73% premium to the corporate’s bitcoin.
Half as a lot circulating bitcoin as Satoshi Nakamoto
By buying bitcoin by way of the addition of convertible debt, issuances of most popular shares, and MSTR at-the-money (‘ATM’) gross sales, the corporate captures this premium to attain a so-called ‘bitcoin yield.’ 12 months-to-date in 2025, these dilutive practices have resulted in a bitcoin yield metric for MSTR shareholders of 11%.
Technique’s common buy value for all of its bitcoin holdings is $67,458. It paid a mean of $35.6 billion for its holdings that are actually price $44 billion. It has unrealized earnings on its commerce of $8.4 billion.
Extremely, the corporate now owns roughly half as a lot bitcoin as the unique creator of bitcoin, Satoshi Nakamoto. Most estimates of Nakamoto’s holding are round 1.1 million.
Saylor, who based MicroStrategy in 1989, has vowed to ‘donate’ his private wealth again to all bitcoin homeowners upon his dying. Waxing philosophical about his appreciation for acolytes who believed his message throughout his lifetime, he stated he would burn non-public keys to over 17,000 bitcoin as his giving pledge.
