According to MicroStrategy's financial report, recently renamed At Strategy, the firm invested in bitcoin at a record pace in Q2024 XNUMX.
Strategy CFO Andrew Kang сообщил , that from October to December last year, the organization acquired 218,887 BTC worth $20,5 billion. At the current rate, this amount of coins is worth $21,4 billion, accordingly, investments in cryptocurrency in the fourth trimester brought unrealized profit of 4,4%.
In a chart published on Strategy's new website, it is seen , that the company bought bitcoins even when their rate exceeded $100,000. Despite this, the overall profit from investments in BTC for the whole of last year reached a high 74,3%.
Strategy's Bitcoin purchase moments (marked with yellow circles)
However, Strategy did not sell a single BTC and therefore did not make a profit from its investment in digital assets. As a result, the company did not close the financial hole in the fourth quarter. suffered a loss in the amount of $670,8 million, earning only $120,7 million during this period.
The company went into the red due to high operating expenses, which reached $1,1 billion, which is almost eight times higher than the figure recorded in the fourth quarter of 2023.
To sweeten the pill and highlight the superiority of the Strategy business strategy based on investments in Bitcoin , the company's employees compiled a chart of the change in the stock price of leading companies included in the S&P 500 index, according to which Strategy securities have increased in price much more than the assets of other represented institutions, such as Nvidia and Targa Resources, since 2020.
Growth in the price of companies' shares from August 10, 2020 to February 4, 2025
