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    MicroStrategy’s Bitcoin Holdings Surpass $20 Billion as it Eyes Expansion with the “21/21” Investment Plan

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    Business intelligence firm MicroStrategy now owns over $20 billion in Bitcoin, with a total of around 252,200 coins. Other major Bitcoin holders including Bhutan and El Salvador are also seeing a boost in their cryptocurrency wealth. With the “21/21” plan, MicroStrategy aims to raise $42 billion over the next three years to further increase their Bitcoin holdings. El Salvador continues to grow its Bitcoin reserves, using earnings from a special passport program and a volcano-powered mining operation.

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    MicroStrategy, a business intelligence company, now has over $20 billion worth of Bitcoin after its value surged past $80,000 per coin. In total, they own about 252,200 Bitcoin, which represents over a 100% return on their initial investment. MicroStrategy has bought Bitcoin 42 times, spending an average of $39,292 per time. Right now, they’re the largest corporate holder of Bitcoin, with Bitcoin miners Marathon Digital and Riot Platforms behind them with holdings of $2.1 billion and $840 million, respectively.

    MicroStrategy plans to raise $42 billion in the next three years to buy even more Bitcoin with their “21/21” plan. Bitcoin’s current price is at an all-time high of $81,617. Naturally, other major Bitcoin holders are also seeing their wealth grow. Bhutan’s Bitcoin holdings, for example, have crossed the $1 billion mark. Bhutan is also building a large Bitcoin mining operation and appear to be using Bitcoin as an important part of their currency reserves.

    El Salvador is also doing well with its own Bitcoin strategy. They own 5,930 Bitcoin, now valued at over $482 million. The country has made nearly $214 million in unrealized profits from its Bitcoin investments. However, it hasn’t been totally easy for El Salvador. They started investing in Bitcoin just before its value peaked in the 2020-2021 cycle and faced media backlash when the Bitcoin market dropped in 2022. But they’ve kept on buying Bitcoin, adding 1 coin to their stash every day. On top of that, they’re increasing their Bitcoin holdings through their passport program and earnings from a Bitcoin mining operation powered by a volcano.

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