The post MicroStrategy’s Bitcoin Strategy Yields 41.8% Return in 2024 appeared first on Coinpedia Fintech News
MicroStrategy (MSTR), the largest corporate Bitcoin (BTC) holder known for its substantial BTC acquisitions, is making waves in the realm of cryptocurrency. On November 19, 2024, Michael Saylor, the chair and founder of MSTR made a post on X (previously Twitter) and stated that by acquiring BTC smartly the firm had delivered a yield of over 41.8% this year.
MicroStrategy’s Strategic Acquisitions
According to the post on X, this yield equates to approximately 79,130 BTC in added value, or an average of 246 BTC per day. Unlike traditional Bitcoin mining, which requires substantial costs, energy consumption, and capital investment, MicroStrategy achieved this performance through its innovative treasury operations.
Source: X (Previously Twitter)
Saylor’s post on X stressed that without utilizing or involving expensive operation costs or mining hardware the fi
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