MicroStrategy Bought $22B Bitcoin In 2024, Records 74.3% BTC Yield

MicroStrategy’s co-founder has revealed how much Bitcoin the software company bought in 2024. Saylor also mentioned how much BTC yield they achieved as a result of the flagship crypto’s performance last year.

MicroStrategy Bought $22 Billion Worth Of BTC In 2024

In an X post, Saylor revealed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024 at an average price of $85,450 per Bitcoin. He added that his company achieved a 74.3% BTC yield last year.

The company started 2024 with 189,150 Bitcoin and realized a BTC gain of 140,630 BTC, which represents a gain of 385 BTC daily. Saylor noted that with the Bitcoin price at $100,000, this translates to shareholder value creation of $14.06 billion for the year or $38.5 million daily.

It is worth mentioning that most of the company’s Bitcoin purchases came towards the end of the year. MicroStrategy went on an eight-week BTC buying spree from the beginning of November until the end of the year.

This streak has extended into the new year. The company recently acquired 1,070 BTC for $101 million. More Bitcoin purchases are still expected this year, as the company announced plans to raise up to $2 billion for BTC acquisitions.

Bitcoin Held By Corporations Doubled Last Year

Bitwise’s Head of Research, Ryan Rasmussen, recently revealed that the amount of Bitcoin held by corporations has doubled over the past year. In the fourth quarter of 2023, these corporations held 262,635 BTC.

That figure increased by 6% in the first quarter of 2024 to 279,639. It then increased by 15% in the second quarter of 2024 to 321,224. Another increase of 13% took place in the third quarter of 2024, with the BTC held by these corporations rising to 361,736.

The largest increase (63%) came in the fourth quarter of last year, as these corporations held 590,649 BTC combined. Rasmussen noted MicroStrategy contributed the most to the feat, although other companies like Metaplanet and Marathon Digital did their bit.

Companies like KULR also came into the mix, creating a Bitcoin treasury. Yesterday, the company announced that it had increased its BTC treasury to $42 million and achieved a yield of 93%.

On Corporations Buying BTC

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently commented on corporations buying Bitcoin. He stated that it is a much bigger deal than most people think.

In an earlier post, he highlighted how these companies formed one of the three sources of insatiable demand in 2025. ETFS and governments are the other two sources.

Hougan and Bitwise had predicted that the Bitcoin price could reach as high as $200,000 this year thanks to these sources of demand. Hougan also predicted that BTC could even reach $500,000 if the Strategic Bitcoin Reserve comes to life.