Microstrategy, Inc.

🇺🇸United States
MSTR
Holding bitcoin since Aug 11, 2020
Strategy.com@Strategy

BTC Holdings

607770

Total P&L
+1,544.36%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$7,176

Average price paid for each Bitcoin

Share Price
$406

Current trading price per share

Market Cap
$125,632.6M

Total market capitalization

Enterprise Value
$119,956.4M

Market cap plus debt minus cash

NAV Multiple
1.747

Net Asset Value multiplier

BTC / Market Cap
57.24%

Bitcoin holdings as % of market cap

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

  • Jul 21, 2025: Bitcoin holdings increased by 6220.00 BTC to 607770 BTC with cost basis of $4.4B (BTC @ $117.3K), stock price $423.22
  • Jul 14, 2025: Bitcoin holdings increased by 4225.00 BTC to 601550 BTC with cost basis of $42.9B (BTC @ $119.1K), stock price $434.58
  • Jun 30, 2025: Bitcoin holdings increased by 4980.00 BTC to 597325 BTC with cost basis of $42.4B (BTC @ $108.4K), stock price $383.88
  • Jun 22, 2025: Bitcoin holdings increased by 245.00 BTC to 592345 BTC with cost basis of $41.9B (BTC @ $102.2K), stock price $369.70
  • Jun 16, 2025: Bitcoin holdings increased by 10100.00 BTC to 592100 BTC with cost basis of $41.8B (BTC @ $105.6K), stock price $382.87
Microstrategy, Inc. — Bitcoin Holdings Over Time
August 11, 2020 - Present
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Microstrategy, Inc. — Stock vs BTC Dynamics
August 11, 2020 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Jul 21, 2025
607,770
6,220
$4.4B$117,323$423.22
Jul 14, 2025
601,550
4,225
$42.9B$119,139$434.58
Jun 30, 2025
597,325
4,980
$42.4B$108,390$383.88
Jun 22, 2025
592,345
245
$41.9B$102,163$369.7
Jun 16, 2025
592,100
10,100
$41.8B$105,600$382.87
Jun 8, 2025
582,000
1,045
$40.8B$105,619$374.47
Jun 1, 2025
580,955
705
$40.7B$104,646$369.06
May 25, 2025
580,250
4,020
$40.6B$107,794$369.51
May 19, 2025
576,230
7,390
$40.2B$106,502$399.8
May 11, 2025
568,840
13,390
$39.4B$104,818$416.03
May 2, 2025
555,450
1,895
$38.1B$96,525$381.6
Apr 27, 2025
553,555
15,355
$37.9B$94,668$368.71
Apr 20, 2025
538,200
6,556
$36.5B$85,075$317.2
Apr 13, 2025
531,644
3,459
$35.6B$85,276$299.98
Mar 31, 2025
528,185
22,048
$35.6B$82,381$289.41
Mar 24, 2025
506,137
6,911
$33.7B$87,369$304
Mar 17, 2025
499,226
130
$33.2B$83,559$297.49
Feb 24, 2025
499,096
20,356
$33.2B$95,134$299.69
Feb 10, 2025
478,740
7,633
$31.2B$97,230$327.56
Jan 27, 2025
471,107
10,107
$30.4B$100,419$353.67
Jan 21, 2025
461,000
11,000
$29.3B$103,823$396.5
Jan 13, 2025
450,000
2,530
$28.2B$93,018$327.91
Jan 6, 2025
447,470
1,070
$28B$100,173$339.66
Dec 30, 2024
446,400
2,138
$27.9B$93,337$330
Dec 23, 2024
444,262
5,262
$27.7B$94,723$364.2
Dec 15, 2024
439,000
15,350
$27.1B$102,501$408.67
Dec 8, 2024
423,650
21,550
$25.6B$99,850$395.01
Dec 2, 2024
402,100
15,400
$23.4B$96,084$387.47
Nov 24, 2024
386,700
55,500
$21.9B$97,441$421.88
Nov 17, 2024
331,200
51,780
$16.5B$90,322$340.65
Nov 11, 2024
279,420
27,200
$11.9B$83,102$270.42
Sep 20, 2024
252,220
7,420
$9.9B$63,232$144.66
Sep 13, 2024
244,800
18,300
$9.4B$58,732$130.77
Aug 1, 2024
226,500
169
$8.3B$64,168$161.44
Jun 20, 2024
226,331
11,931
$8.3B$65,303$146.94
Apr 29, 2024
214,400
122
$7.5B$62,792$128.24
Mar 31, 2024
214,278
32
$7.5B$70,525$170.46
Mar 19, 2024
214,246
9,246
$7.5B$64,393$150.28
Mar 10, 2024
205,000
12,000
$6.9B$69,421$142.56
Feb 26, 2024
193,000
3,000
$6.1B$52,328$68.74
Feb 6, 2024
190,000
850
$5.9B$42,946$49.06
Dec 26, 2023
189,150
14,620
$5.9B$42,757$61.92
Nov 29, 2023
174,530
16,130
$5.3B$37,969$50.59
Oct 31, 2023
158,400
155
$4.7B$34,413$42.02
Sep 24, 2023
158,245
5,445
$4.7B$26,574$32.28
Jul 31, 2023
152,800
467
$4.5B$29,278$43.46
Jun 28, 2023
152,333
12,333
$4.5B$30,694$32.56
Apr 6, 2023
140,000
1,045
$4.2B$28,197$29.08
Mar 23, 2023
138,955
6,455
$4.1B$27,449$24.69
Dec 27, 2022
132,500
2,500
$4B$16,900$16.27
Sep 20, 2022
130,000
301
$4B$19,570$20.62
Jun 29, 2022
129,699
481
$4B$20,283$18.61
Apr 4, 2022
129,218
4,167
$4B$46,435$49.1
Jan 31, 2022
125,051
660
$3.8B$37,983$33.9
Dec 30, 2021
124,391
1,914
$3.8B$46,507$55.61
Dec 9, 2021
122,477
1,434
$3.7B$50,530$63.65
Nov 29, 2021
121,043
7,002
$3.6B$57,238$66.3
Sep 12, 2021
114,041
5,050
$3.2B$45,196$61.56
Aug 23, 2021
108,991
3,907
$2.9B$49,251$71.66
Jun 21, 2021
105,084
13,005
$2.7B$35,787$64.65
May 18, 2021
92,079
229
$2.3B$43,781$48.94
May 13, 2021
91,850
271
$2.2B$50,005$54.19
Apr 5, 2021
91,579
253
$2.2B$58,229$70.36
Mar 12, 2021
91,326
262
$2.2B$57,789$80.38
Mar 5, 2021
91,064
205
$2.2B$48,727$64.57
Mar 1, 2021
90,859
328
$2.2B$44,970$75.04
Feb 24, 2021
90,531
19,452
$2.2B$48,692$69.12
Feb 2, 2021
71,079
295
$1.1B$33,406$63.46
Jan 22, 2021
70,784
314
$1.1B$30,914$52.05
Dec 21, 2020
70,470
29,646
$1.1B$23,518$30.12
Dec 5, 2020
40,824
2,574
$475M$18,711$32.8
Sep 14, 2020
38,250
16,796
$425M$10,329$14.11
Aug 11, 2020
21,454
21,454
$250M$11,863$12.36