Bitcoin Reserves: MicroStrategy Outshines Berkshire, Predicts $500K Surge

MicroStrategy disclosed in its third-quarter earnings report last week that it purchased 155 additional bitcoins in October.
Source: Exodus Wallet

Bitcoin reserves have made MicroStrategy a standout performer in the market. Its stock now beats Warren Buffett’s Berkshire Hathaway by the largest margin since the dot-com bubble. This remarkable success in cryptocurrency investment trends directly challenges Berkshire’s conservative crypto outlook, with the company’s performance driving predictions of Bitcoin reaching $500,000.

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MicroStrategy vs. Berkshire: A Bold $500K Bitcoin Vision Explained

Record-Breaking Performance Gap

MicroStrategy stock rose 2,295.74% after starting its Bitcoin strategy in August 2020. Berkshire Hathaway gained just 36.02%. The gap between MSTR and BRK.B sits at 0.72, near dot-com era levels. Berkshire’s top holdings show smaller gains. Bank of America rose 76.15%. American Express gained 171%. Apple increased 86%. All these traditional investments fell significantly short of MSTR’s remarkable growth.

Strategic Bitcoin Reserves Accumulation

MicroStrategy now holds 279,420 BTC, which equals $25.3 billion at today’s price of $90,540 per Bitcoin. They bought 27,200 more bitcoins in November 2024 for $2.03 billion, keeping their average purchase price at $42,692 per BTC. The company now owns over 1% of all Bitcoin in circulation, making it the largest corporate holder.

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Market Impact and Corporate Adoption

Berkshire Hathaway remains skeptical. Warren Buffett called Bitcoin “rat poison squared.” Yet MicroStrategy’s impressive results continue to attract other companies. Solidion Technology will put 60% of its extra cash into Bitcoin. Metaplanet in Tokyo started a similar strategic plan in May.

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Bitcoin Reserves Future Growth Potential

MicroStrategy beat Berkshire and Bitcoin, which grew 673.83% in this period. CEO Michael Saylor sees more gains ahead. He expects substantially higher values as institutional adoption accelerates and more companies add Bitcoin to their reserves.