cryptojournalist
Big Gains from Bitcoin
MicroStrategy, the software company turned Bitcoin giant, has seen its market value skyrocket past $100 billion. It’s now closing in on Intel, a tech industry veteran worth about $102 billion as of Nov. 20. Analysts believe MicroStrategy’s aggressive Bitcoin strategy is driving this surge and could push the company ahead of Intel soon.
Buying Bitcoin Like Never Before
MicroStrategy isn’t slowing down. Just last week, it made its largest Bitcoin purchase yet—51,780 BTC for $4.6 billion in only six days. This brings its total Bitcoin holdings to an estimated $40 billion. Executive Chairman Michael Saylor hinted the company’s buying spree might move even faster than expected, fueling further growth.
Stock Price Soars
The company’s bold strategy hasn’t been without critics, but the results speak for themselves. MicroStrategy’s stock has been one of the top performers in the U.S. over the past few years, outpacing even big names like Tesla and Nvidia. Analyst Mark Palmer recently bumped his price target for the stock to $450 per share, expecting Bitcoin to hit $225,000 by 2026.
A New Way to Measure Value
MicroStrategy is shifting how it measures its success. Instead of just looking at traditional metrics like market value, the company is focusing on “Bitcoin yield.” This unique measure compares the amount of Bitcoin it holds to the number of its outstanding shares, showing how much value it’s bringing to its shareholders.
Crypto’s Big Boost After Trump’s Win
MicroStrategy isn’t the only one riding the wave. Bitcoin and the broader crypto market have surged since Donald Trump’s election win, as many believe his administration will take a friendlier approach to crypto regulation. This shift could create an even better environment for companies like MicroStrategy to thrive.
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