How is MicroStrategy's Bitcoin account calculated? 16% returns over 5 years being "demonized"?

robot
Abstract generation in progress

【CryptoWorld】Regarding MicroStrategy’s Bitcoin investment returns, there has been quite a bit of controversy recently. Some critics say that based on an average cost of around $75,000, the company’s book gains over the past five years are only 16%, which indeed doesn’t look very optimistic.

However, others point out that this calculation method is actually flawed — it completely ignores the fact that MicroStrategy has been building its position in batches, with prices varying high and low. Such a blanket calculation distorts the actual situation.

That said, MicroStrategy’s days are indeed not easy. Its stock price has already fallen about 46% this year, but interestingly, the company hasn’t reduced its holdings; instead, it has increased its position, recently buying an additional 1,229 Bitcoins. Its total holdings now amount to approximately 670,000+ coins.

Looking at a longer time frame, Bitcoin has increased by 219% over the past five years, leaving behind gold’s 130% gain. In comparison, early investors have actually made a profit.

BTC-2.35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ETH_Maxi_Taxivip
· 2h ago
Still adding to the position after a 46% drop in stock price? How strong must that mentality be... But on the other hand, the practice of building positions in batches really changes the game, and a 16% algorithm is just nonsense. The real issue is that MicroStrategy is betting on the long-term Bitcoin trend. How much confidence does one need to dare to do this when the short-term stock price is so weak? 67 million Bitcoins. If Bitcoin ever takes off, recovering the investment might just be a matter of time... But right now, it does look a bit bleak.
View OriginalReply0
GasFeeCriervip
· 2h ago
Still willing to add positions despite a 46% drop in stock price—how optimistic does that make you, or is there simply no other choice...
View OriginalReply0
liquidation_surfervip
· 2h ago
Damn, someone is calculating again... Building positions in batches and insisting on using the average price—this is just selective deafness. Honestly, Micro's recent increase is a bit crazy. The stock price has dropped 46%, yet they still dare to pour in more. Either they truly believe in Bitcoin or their brains are water. 16% over five years isn't too bad; after all, Bitcoin's 219% increase is right there.
View OriginalReply0
NFT_Therapy_Groupvip
· 2h ago
The game of calculating accounts really never ends; no matter how you do it, someone will always be dissatisfied. Basically, it's a gambler's mentality—daring to add more even after a 46% drop. How bold is that? The excuse of building positions in batches has become tiresome; in the end, it's still the same losses. 670,000 Bitcoins—are they truly driven by faith or just trapped and stuck? Bitcoin has gained 219% over five years, but what about Weice over these five years... LOL
View OriginalReply0
ContractHuntervip
· 2h ago
Still daring to add more after a 46% drop in stock price, this mindset is unmatched. Truly believing in Bitcoin.
View OriginalReply0
WhaleWatchervip
· 2h ago
MicroStrategy is really betting big this time. They increased their holdings even after the stock price dropped 46%. Are they either very bullish on Bitcoin or gambling on a turnaround like Xu Xiang?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)