The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

MicroStrategy Has Now Amassed $4,500,000,000 Bitcoin Fortune

by Daily Hodl Staff
February 25, 2021
in Bitcoin

In line with his firm’s efforts to maximize its Bitcoin holdings, MicroStrategy CEO Michael Saylor is announcing the completion of another whopping billion-dollar BTC purchase.

Saylor says the company has purchased an additional 19,452 Bitcoin for a price of approximately $1.026 billion.

“MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash at an average price of ~$52,765 per Bitcoin.

As of 2/24/2021, we hodl ~90,531 Bitcoins acquired for ~$2.171 billion at an average price of ~$23,985 per Bitcoin.”

Although the firm spent roughly $2.17 billion on its BTC holdings, the firm’s Bitcoin fortune is now worth around $4.55 billion based on BTC’s price of $50,365 at time of writing.

In a statement on the firm’s site, Saylor reiterates MicroStrategy’s bullish stance on the king coin and confirms its plans to purchase even more Bitcoin.

“The company now holds over 90,000 Bitcoins, reaffirming our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring Bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional Bitcoin.”

Although Bitcoin is currently attempting to overcome a large dip in price, Saylor recently said that he believes over the long term, the asset’s volatility is insignificant.

“None of the trading matters. None of the volatility matters. People that are living in their little world, studying their Fibonacci retracements and preaching with incredible conviction about the upcoming expected 60% retracement or 80% retracement, they are overlooking this fundamental issue, which is if Bitcoin is a digital monetary network and if enough people with money and power decide to adopt it, it’s going to go up and increase by a factor of a 100 or 1,000. And there’s nothing you can do to stop it.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/lassedesignen

Submit a Press Release

Industry Announcements

  • MultiBank Group Announces Seven Million MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale
    July 15, 2025
  • Allnodes Among First To Launch Bare Metal Servers Powered by AMD Threadripper 9000 Series
    July 15, 2025
  • Swarm Network Selects Walrus To Power Verifiable AI on Rollup.News
    July 15, 2025
  • TAC Token Debuts in TVL As TAC Mainnet Goes Live With Leading DeFi Protocols
    July 15, 2025
  • Playnance Launches G Coin – A Next-Gen Crypto Asset With Real Daily Utility and On-Chain Scarcity
    July 14, 2025
  • BSGM Engages CXG To Acquire FINRA/SEC-Registered Broker-Dealer To Expand Publicly Traded RWA Tokenization Operations
    July 14, 2025
  • MultiBank Group Confirms MBG Token TGE Set for July 22, 2025
    July 11, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$117,512.48
$117,512.48
2.21%
Ethereum
$3,080.33
$3,080.33
2.23%
BNB
$688.76
$688.76
0.4%
Solana
$162.10
$162.10
0.34%
XRP
$2.90
$2.90
1.55%

Spotlight

  • $100,000,000 Stolen From Central Bank of Brazil in Single Night After Alleged Insider Sold Credentials to Hackers: Report
    July 8, 2025
  • Alleged Mastermind Behind $30,000,000 Scam That Targeted Elderly Americans Arrested: Report
    July 8, 2025
  • Analyst Predicts Imminent All-Time Highs for Bitcoin, Sees One Memecoin Igniting BONK-Style Explosion
    July 8, 2025
  • $26,501,817,432 in Bitcoin Gobbled Up by Public Companies and Exchange-Traded Funds in Q2 of 2025, According to Analyst
    July 8, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl