Author: Alex O'Donnell, CoinTelegraph; Compiled by: Whitewater, Golden Finance

MicroStrategy's Bitcoin buying spree has generated more than $17 billion, according to MSTR Tracker Unrealized profits.

MicroStrategy, which started out as a software company, has bought value since 2020 as part of founder Michael Thaler’s non-traditional corporate funding strategy, according to data from MicroStrategy database MSTR Tracker Over $23 billion in Bitcoin.

These purchases paid off. Data shows that on December 4, the price of Bitcoin exceeded US$100,000 per coin for the first time in history, and the value of Bitcoin held by MicroStrategy exceeded US$40 billion.

Source: MSTR Tracking

MicroStrategy’s stocks performed even better than BTC’s Spot prices are even stronger. Shares of MSTR are up more than 475% so far this year, outperforming nearly every stock in the S&P 500, according to data from Google Finance and Slickcharts.

As of December 5, MSTR said its total market capitalization was approximately $92 billion, more than twice the value of the company’s Bitcoin holdings.

The stock will rise further as MicroStrategy’s acquisition spree accelerates, analysts say. As of December 5, the company held approximately 400,000 Bitcoin, according to MSTR Tracker.

On November 25, Benchmark financial technology analyst Mark Palmer pointed out that he raised the target price of MSTR from $450 per share to $650. The stock is currently trading at about $394 per share, according to Google Finance.

Source: MicroStrategy

During the August 1 Earnings Call , a micro-strategy that doubles Bitcoin purchases by promising a unique performance metric: Bitcoin yield.

Bitcoin rate of return measures the ratio of Bitcoin holdings to outstanding shares, effectively using Bitcoin per share as a benchmark for corporate performance.

On October 30, the company revealed plans to raise $21 billion in equity and another $21 billion in debt to fund a three-year, multi-billion-dollar Bitcoin acquisition spree that will The plan is called "Plan 21/21".

Palmer said MicroStrategy's "controversial strategy has attracted many detractors, but its outsized impact on a company's stock price provides a strong case.", because MicroStrategy's stock has outperformed nearly every major U.S. company over the past four-plus years. ”