MicroStrategy’s Bitcoin strategy yielded $14 billion in shareholder value in 2024

MicroStrategy’s executive chairman, Michael Saylor, said the firm purchased 258,320 BTC at a total cost of $22.07 billion, which equates to an average price of $85,450 per Bitcoin. The decision yielded remarkable returns for the company, resulting in a BTC annual yield of 74.3%. This enhanced shareholder value by $14.06 billion, translating to approximately $38.5 […] The post MicroStrategy’s... source: https://cryptoslate.com/insights/microstrategys-bitcoin-strategy-yielded-14-billion-in-shareholder-value-in-2024/