Microstrategy, Inc.

🇺🇸United States
MSTR
Strategy.com@Strategy

BTC Holdings

638460

Total P&L
+54.95%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$73,880

Average price paid for each Bitcoin

Enterprise Value
$107,000M

Market cap plus debt minus cash

About Microstrategy, Inc.
MicroStrategy Incorporated, listed on Nasdaq with the ticker MSTR, is a global leader in enterprise analytics and mobility software. Founded in 1989 by Michael Saylor, the company initially focused on delivering business intelligence solutions. Today, its core operations center on providing cloud-based analytics platforms that empower organizations to make data-driven decisions. MicroStrategy’s software serves industries ranging from finance to healthcare, enabling clients to visualize and analyze complex datasets through intuitive interfaces.
The company pioneers a bold Bitcoin treasury strategy, integrating digital assets into its corporate finance framework. Recognizing Bitcoin as a reliable store of value, MicroStrategy allocates a portion of its treasury to this asset to preserve capital and hedge against inflation. Beyond Bitcoin, the company explores broader digital asset opportunities, leveraging blockchain technology to enhance its software offerings. This approach positions MicroStrategy at the forefront of integrating traditional finance with decentralized systems, aligning with its innovative ethos.
MicroStrategy maintains a strong industry presence, driven by a leadership team with deep expertise in technology and finance. Michael Saylor, the Executive Chairman, is a prominent advocate for digital assets, shaping the company’s forward-thinking vision. With a global client base and strategic partnerships, MicroStrategy remains a trusted name in analytics and an influential player in the digital asset space. Its commitment to innovation and financial resilience ensures long-term relevance in an evolving technological landscape.

Recent Developments

  • Sep 8, 2025: Bitcoin holdings increased by 1955.00 BTC to 638460 BTC with cost basis of $47.2B (BTC @ $73.9K)
  • Sep 2, 2025: Bitcoin holdings increased by 4048.00 BTC to 636505 BTC with cost basis of $47B (BTC @ $73.8K)
  • Aug 25, 2025: Bitcoin holdings increased by 3081.00 BTC to 632457 BTC with cost basis of $46.5B (BTC @ $73.5K)
  • Aug 18, 2025: Bitcoin holdings increased by 430.00 BTC to 629376 BTC with cost basis of $46.1B (BTC @ $73.3K)
  • Aug 11, 2025: Bitcoin holdings increased by 155.00 BTC to 628946 BTC with cost basis of $46.1B (BTC @ $73.3K)
Microstrategy, Inc. — Bitcoin Holdings Over Time
1y - Present
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Microstrategy, Inc. — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Sep 8, 2025
638,460
1,955
$47.2B$73,880
Sep 2, 2025
636,505
4,048
$47B$73,765
Aug 25, 2025
632,457
3,081
$46.5B$73,527
Aug 18, 2025
629,376
430
$46.1B$73,320
Aug 11, 2025
628,946
155
$46.1B$73,288
Jul 29, 2025
628,791
21,021
$46.1B$73,277
Jul 21, 2025
607,770
6,220
$43.6B$71,756
Jul 14, 2025
601,550
4,225
$42.9B$71,269
Jun 30, 2025
597,325
4,980
$42.4B$70,982
Jun 22, 2025
592,345
245
$41.9B$70,681
Jun 16, 2025
592,100
10,100
$41.8B$70,664
Jun 8, 2025
582,000
1,045
$40.8B$70,086
Jun 1, 2025
580,955
705
$40.7B$70,023
May 25, 2025
580,250
4,020
$40.6B$69,979
May 19, 2025
576,230
7,390
$40.2B$69,726
May 11, 2025
568,840
13,390
$39.4B$69,287
May 2, 2025
555,450
1,895
$38.1B$68,550
Apr 27, 2025
553,555
15,355
$37.9B$68,448
Apr 20, 2025
538,200
6,556
$36.5B$67,763
Apr 13, 2025
531,644
3,459
$35.6B$67,019
Mar 31, 2025
528,185
22,048
$35.6B$67,458
Mar 24, 2025
506,137
6,911
$33.7B$66,653
Mar 17, 2025
499,226
130
$33.2B$66,406
Feb 24, 2025
499,096
20,356
$33.2B$66,423
Feb 10, 2025
478,740
7,633
$31.2B$65,101
Jan 27, 2025
471,107
10,107
$30.4B$64,580
Jan 21, 2025
461,000
11,000
$29.3B$63,610
Jan 13, 2025
450,000
2,530
$28.2B$62,691
Jan 6, 2025
447,470
1,070
$28B$62,507
Dec 30, 2024
446,400
2,138
$27.9B$62,500
Dec 23, 2024
444,262
5,262
$27.7B$62,351
Dec 15, 2024
439,000
15,350
$27.1B$61,725
Dec 8, 2024
423,650
21,550
$25.6B$60,324
Dec 2, 2024
402,100
15,400
$23.4B$58,263
Nov 24, 2024
386,700
55,500
$21.9B$56,761
Nov 17, 2024
331,200
51,780
$16.5B$49,874
Nov 11, 2024
279,420
27,200
$11.9B$42,692
Sep 20, 2024
252,220
7,420
$9.9B$39,266
Sep 13, 2024
244,800
18,300
$9.4B$38,603
Aug 1, 2024
226,500
169
$8.3B$36,645
Jun 20, 2024
226,331
11,931
$8.3B$36,805
Apr 29, 2024
214,400
122
$7.5B$35,180
Mar 31, 2024
214,278
32
$7.5B$35,165
Mar 19, 2024
214,246
9,246
$7.5B$35,161
Mar 10, 2024
205,000
12,000
$6.9B$33,707
Feb 26, 2024
193,000
3,000
$6.1B$31,544
Feb 6, 2024
190,000
850
$5.9B$31,211
Dec 26, 2023
189,150
14,620
$5.9B$31,166
Nov 29, 2023
174,530
16,130
$5.3B$30,253
Oct 31, 2023
158,400
155
$4.7B$29,586
Sep 24, 2023
158,245
5,445
$4.7B$29,582
Jul 31, 2023
152,800
467
$4.5B$29,647
Jun 28, 2023
152,333
12,333
$4.5B$29,672
Apr 6, 2023
140,000
1,045
$4.2B$29,786
Mar 23, 2023
138,955
6,455
$4.1B$29,794
Dec 27, 2022
132,500
2,500
$4B$30,393
Sep 20, 2022
130,000
301
$4B$30,634
Jun 29, 2022
129,699
481
$4B$30,659
Apr 4, 2022
129,218
4,167
$4B$30,695
Jan 31, 2022
125,051
660
$3.8B$30,195
Dec 30, 2021
124,391
1,914
$3.8B$30,154
Dec 9, 2021
122,477
1,434
$3.7B$29,856
Nov 29, 2021
121,043
7,002
$3.6B$29,529
Sep 12, 2021
114,041
5,050
$3.2B$27,708
Aug 23, 2021
108,991
3,907
$2.9B$26,764
Jun 21, 2021
105,084
13,005
$2.7B$26,074
May 18, 2021
92,079
229
$2.3B$24,446
May 13, 2021
91,850
271
$2.2B$24,398
Apr 5, 2021
91,579
253
$2.2B$24,307
Mar 12, 2021
91,326
262
$2.2B$24,210
Mar 5, 2021
91,064
205
$2.2B$24,115
Mar 1, 2021
90,859
328
$2.2B$24,059
Feb 24, 2021
90,531
19,452
$2.2B$23,981
Feb 2, 2021
71,079
295
$1.1B$16,109
Jan 22, 2021
70,784
314
$1.1B$16,035
Dec 21, 2020
70,470
29,646
$1.1B$15,964
Dec 5, 2020
40,824
2,574
$475M$11,635
Sep 14, 2020
38,250
16,796
$425M$11,111
Aug 11, 2020
21,454
21,454
$250M$11,653