Michael Saylor, Executive Chairman of MicroStrategy, shared an update on the company’s Bitcoin performance in the first 49 days of Q2 2024. According to the post, MicroStrategy ($MSTR) achieved a 4.8% BTC yield, resulting in $2.7 billion in Bitcoin dollar gains. The company now holds 576,230 BTC, valued at approximately $60.7 billion.

Year-to-date (YTD), MicroStrategy has generated a 16.3% BTC yield, amounting to 73,120 BTC or $7.7 billion in gains. Projections suggest that if this trend continues, the company could end 2024 with a 74.3% BTC yield and $13.1 billion in total BTC gains.

This post highlights the strong performance of MicroStrategy’s Bitcoin investment strategy and reinforces Saylor’s long-standing belief in Bitcoin as a superior treasury reserve asset.