MicroStrategy Stats – Bitcoin Holdings, Revenue, & Valuation

MicroStrategy (MSTR) is a company that provides business intelligence (BI), mobile software, and cloud-based services. I’ve complied a list of MicroStrategy stats around Bitcoin holdings, revenue, valuation, and other key metrics.

MicroStrategy statistics

Originally a software business, MicroStrategy shifted its focus in 2020 toward becoming the world’s first (and largest) Bitcoin treasury company.

Today, MicroStrategy is one of the largest corporate holders of Bitcoin in the world.

From Bitcoin holdings to revenue figures, here’s a breakdown of everything you’ll learn about MicroStrategy in this report:

Top MicroStrategy Stats

  • MicroStrategy currently owns 386,700 Bitcoin at an average price of $56,761.
  • MicroStrategy owns 1.95% of all Bitcoin in circulation today.
  • MicroStrategy’s first Bitcoin purchase was 21,454 BTC for $250 million.
  • 1,934 full-time employees work at MicroStrategy.
  • MicroStrategy reported $496 million in annual revenue in 2023.

How Much Bitcoin Does MicroStrategy Own?

As of November 25, 2024, MicroStrategy owns 386,700 Bitcoin at an average price of $56,761

That equals an initial investment of $21.94 billion. However, MicroStrategy’s holdings equal $36.83 billion based on Bitcoin’s current price of $95,240

Based on these figures, MicroStrategy’s Bitcoin investment has yielded a total gain of $14.89 billion, representing a 67.87% return on its initial investment.

In fact, 19.79 million BTC are in circulation. That means MicroStrategy owns approximately 1.95% of all Bitcoins in existence today. 

Sources: Investor.com, CoinMarketCap

MicroStrategy Bitcoin Purchases

MicroStrategy’s first Bitcoin purchase was on August 11, 2020. The company bought 21,454 Bitcoin for a total investment of $250 million.

Most recently, MicroStrategy spent $5.4 billion to purchase 55,500 Bitcoin on November 25, 2024. 

Here’s a complete look at every Bitcoin purchase MicroStrategy has made since August 2020.

DateBTC PurchasedAmount
8/11/2021,454$250M
9/14/2016,796$175M
12/4/202,574$50M
12/21/2029,646$650M
1/22/21314$10M
2/2/21295$10M
2/24/2119,452$1.026B
3/1/21328$15M
3/5/21205$10M
3/12/21262$15M
4/5/21253$15M
5/13/21271$15M
5/18/21229$10M
6/21/2113,005$249M
9/13/218,957$419M
11/28/20217,002$414M
11/29/21 – 12/8/20211,434$82.4M
12/30/20211,914$94.2M
1/1/2022 – 1/31/2022660$25M
2/15/2022 – 4/5/20224,167$190M
06/28/2022480$10M
09/20/2022301$6M
11/01/2021 – 12/21/20222,395$42.8M
12/22/2022-704$11.8M
12/24/2022810$13.65M
3/27/20236,455$150.00M
04/05/20231,045$29.30M
04/29/2023 – 6/27/202312,333$347M
07/01/2023 – 7/31/2023467$14.4M
09/24/20235,445$147.3M
11/1/2023155$5.3M
11/30/202316,130$593.3M
12/27/202314,620$615.7M
2/6/2024850$37.2M
2/26/20243,000$155.0M
3/11/202412,000$821.7M
3/19/20249,245$623.0M
4/1/2024 – 5/1/2024164$7.8M
6/20/202411,931$786.0M
8/1/2024169$11.4M
9/13/202418,300$1.11B
9/20/20247,420$458.2M
11/11/202427,200$2.0B
11/18/202451,780$4.6B
11/25/202455,500$5.4B
12/3/202415,400$1.5B

The company has purchased more Bitcoin (without selling any) every quarter since its first Bitcoin purchase.

In total, MicroStrategy has bought more than 386,700 Bitcoin for a total investment of $21.91 billion

Below is a detailed look at MicroStrategy’s Bitcoin purchasing history by quarter.

DateTotal InvestmentCumulative BTCBTC Gain% Gain
Q3 2020$425M38,33700%
Q4 2020$1.125B70,55732,22084.04%
Q1 2021$2.196B91,05720,50029.05%
Q2 2021$2.741B104,81613,75915.11%
Q3 2021$3.159B113,7738,9578.55%
Q4 2021$3.749B124,12310,3509.10%
Q1 2022$3.965B128,9504,8273.89%
Q2 2022$3.975B129,4304800.37%
Q3 2022$3.981B129,7313010.23%
Q4 2022$4.039B132,2322,5011.93%
Q1 2023$4.169B139,7327,5005.67%
Q2 2023$4.547B153,11013,3789.57%
Q3 2023$4.68B158,5555,4453.56%
Q4 2023$5.90B189,30530,75019.39%
Q1 2024$7.538B214,40025,09513.26%
Q2 2024$8.34B226,50012,1005.64%
Q3 2024$9.91B252,22025,72011.36%
Q4 2024$23.41B402,100134,48053.32%

Sources: BitcoinTreasuries

MicroStrategy Funding & Valuation Stats

As of November 26, 2024, MicroStrategy’s market capitalization is $90.65 billion

MicroStrategy’s stock has exploded over the past year, particularly in the last 3-4 months. Here’s a look at the company’s market capitalization over time:

YearMarket CapChange
1998$1.12 billion0%
1999$8.21 billion630.94%
2000$760 million-90.66%
2001$350 million-53.88%
2002$200 million-41.22%
2003$840 million307.18%
2004$970 million15.49%
2005$1.14 billion17.08%
2006$1.44 billion26.36%
2007$1.13 billion-21.44%
2008$440 million-61.17%
2009$1.12 billion154.50%
2010$900 million-19.04%
2011$1.16 billion28.17%
2012$1.05 billion-9.61%
2013$1.40 billion33.24%
2014$1.83 billion30.83%
2015$2.04 billion11.29%
2016$2.25 billion10.39%
2017$1.50 billion-33.39%
2018$1.35 billion-10.01%
2019$1.44 billion6.68%
2020$3.60 billion149.55%
2021$6.14 billion70.67%
2022$1.63 billion-73.42%
2023$10.55 billion546.39%
2024$90.65 billion759.24%

MicroStrategy has relied on new fundraising efforts to continue purchasing Bitcoin. On November 21, 2024, the company raised $3 billion.

In October 2024, MicroStrategy announced a plan to raise $42 billion in new funding over the next three years to purchase Bitcoin.

Since starting to purchase Bitcoin in 2020, the company has raised a total of $7.9 billion in funding in post-IPO debt.  

Sources: Crunchbase, CompaniesMarketCap, Yahoo Finance, MicroStrategy, Forbes

MicroStrategy Revenue

In 2023, MicroStrategy reported annual revenue of approximately $496 million

This number is expected to grow significantly when the company reports annual revenue for 2024. 

In the first three quarters of 2024, MicroStrategy’s revenue is already $342.76 million

However, MicroStrategy’s CEO Michael Saylor recently stated that the company is earning $500 million a day from Bitcoin. 

We’ve also shown MicroStrategy’s revenue over time (since 2009) below:

YearRevenue
2009$378 million
2010$455 million
2011$537 million
2012$566 million
2013$576 million
2014$580 million
2015$530 million
2016$514 million
2017$504 million
2018$498 million
2019$486 million
2020$481 million
2021$511 million
2022$499 million
2023$496 million

Sources: Macrotrends, Yahoo Finance

How Many People Work at MicroStrategy?

According to the latest available data, there are 1,934 total full-time MicroStrategy employees.

Surprisingly, despite the company’s growth, the number of MicroStrategy employees has declined by 38.75% over the past ten years.

Here’s a more detailed breakdown of the number of MicroStrategy employees over time:

YearEmployeesYoY ChangeYoY Change (%)
199890700%
19991,66275583.24%
20001,89923714.26%
2001844-1,055-55.56%
2002809-35-4.15%
2003849404.94%
20049459611.31%
20051,005606.35%
20061,27426926.77%
20071,58230824.18%
20081,91533321.05%
20091,816-99-5.17%
20102,59778143.01%
20113,08849118.91%
20123,2211334.31%
20133,158-63-1.96%
20142,470-688-21.79%
20151,947-523-21.17%
20162,1331869.55%
20172,216833.89%
20182,52831214.08%
20192,396-132-5.22%
20201,997-399-16.65%
20212,1211246.21%
20222,152311.46%
20231,934-218-10.13%

However, it’s likely there are more employees involved with the company. 

On LinkedIn, 3,339 members are associated with MicroStrategy. While this may include board members and investors, it also includes part-time employees and contractors. 

Sources: Macrotrends, Stock Analysis, LinkedIn

Conclusion

That wraps up our list of MicroStrategy statistics.

It’s clear that MicroStrategy is here to stay and will only continue to grow, thanks to the company’s aggressive Bitcoin acquisition strategy.

As the cryptocurrency market continues to grow, it will be interesting to see how MicroStrategy’s bold approach plays out in the long term.