MicroStrategy Stock Skyrockets on Bitcoin Frenzy – Will Saylor’s $70B Crypto Bet Pay Off?
Originally an enterprise analytics software firm, MicroStrategy has become essentially a bitcoin treasury. As of late September 2025 the company held about 640,000 BTC on its balance sheet mitrade.com ts2.tech. Those coins were bought over years at an aggregate cost of ~$46B ts2.tech. At today’s bitcoin prices, that stash is valued around $70–$75B – far eclipsing the ~$97B equity market cap of MSTR ts2.tech. In fact, Strategy now holds more Bitcoin than any other public entity, even exceeding the U.S. government’s ~198,000 BTC mitrade.com reuters.com.