Michael Saylor's MicroStrategy has seen a 2,930% stock price surge since starting Bitcoin investment in 2020. According to Centora (formerly IntoTheBlock), MicroStrategy's stock price has outperformed Bitcoin's returns by 63% in the past three months.
On May 26th, MicroStrategy announced the purchase of 4,020 BTC for approximately $427.1 million (about 585.1 billion won). As of May 25th, MicroStrategy holds a total of 580,250 BTC, which represents an investment of $4.061 billion (approximately 55.6357 trillion won).
Michael Saylor, co-founder and chairman of MicroStrategy, told CNBC that "corporate interest in Bitcoin purchases is explosively increasing" and that "Bitcoin on corporate balance sheets has proven to be very popular in the long term".
Recently, GameStop announced a $500 million Bitcoin investment, and Tether, SoftBank, and Jack Mallers of Strike announced the establishment of 'Twenty One', a Bitcoin-focused public company that will hold over 42,000 BTC, ranking third globally in corporate holdings.
Saylor emphasized, "We will continue to purchase Bitcoin" and "We expect Bitcoin prices to continue rising, and while purchases will become increasingly difficult, we will become more efficient in our acquisitions".
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