MicroStrategy (now known as Strategy) first bought Bitcoin on August 11, 2020, spending $250 million on 21,454 coins in what founder Michael Saylor called its "new capital allocation strategy."
Since then, the company has spent a total of $46 billion to acquire 628,791 bitcoins, becoming the largest holder of bitcoins among all listed and non-listed companies, and inspiring countless companies to follow its coin-buying strategy.
Those purchases have driven MicroStrategy (ticker: MSTR) shares up more than 2,595% over the past five years, closing above $395 last Friday, up from less than $15 five years ago.
Strategy started buying bitcoin five years ago, and its share price has risen by 2,600% since then.
2025-08-11 04:30:41
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