{
  "schema_version": "1.0",
  "title": "Strategy annual bitcoin holdings and acquisition cost",
  "description": "A reusable filing-based dataset that keeps bitcoin quantity, original acquisition cost, average cost and period-end fair value conceptually separate.",
  "type": "table",
  "columns": [
    "Period end",
    "BTC held",
    "Aggregate acquisition cost",
    "Average acquisition cost",
    "Reported fair value or market-value note",
    "Source"
  ],
  "rows": [
    [
      "2020-12-31",
      "70,469",
      "$1.125bn",
      "$15,964",
      "2020 10-K reported a $2.056bn market value using the year-end Coinbase price",
      "strategy-2020-10k"
    ],
    [
      "2021-12-31",
      "124,391",
      "$3.751529bn",
      "$30,159",
      "2021 10-K reported a $5.707055bn market value using the year-end Coinbase price",
      "strategy-2021-10k"
    ],
    [
      "2022-12-31",
      "132,500",
      "$3.993190bn",
      "$30,137",
      "2022 filing reported an approximately $2.194bn market value",
      "strategy-2022-10k"
    ],
    [
      "2023-12-31",
      "189,150",
      "$5.895489bn",
      "$31,168",
      "2023 filing reported an approximately $8.044816bn market value",
      "strategy-2023-10k"
    ],
    [
      "2024-12-31",
      "447,470",
      "$27.968248bn",
      "$62,503",
      "$41.790421bn immediately after 2025 fair-value-standard adoption",
      "strategy-2025-10k"
    ],
    [
      "2025-12-31",
      "672,500",
      "$50.435331bn",
      "$74,997",
      "$58.854028bn fair value",
      "strategy-2025-10k"
    ]
  ],
  "source_ids": [
    "strategy-2020-10k",
    "strategy-2021-10k",
    "strategy-2022-10k",
    "strategy-2023-10k",
    "strategy-2025-10k"
  ],
  "sources": [
    {
      "id": "strategy-2020-10k",
      "title": "MicroStrategy 2020 Form 10-K",
      "publisher": "U.S. Securities and Exchange Commission",
      "type": "annual SEC filing",
      "url": "https://www.sec.gov/Archives/edgar/data/1050446/000156459021005783/mstr-10k_20201231.htm",
      "supports": "The 2020 year-end holdings, acquisition cost, average cost, Treasury Reserve Policy and $650 million convertible-note record."
    },
    {
      "id": "strategy-2021-10k",
      "title": "MicroStrategy 2021 Form 10-K",
      "publisher": "U.S. Securities and Exchange Commission",
      "type": "annual SEC filing",
      "url": "https://www.sec.gov/Archives/edgar/data/1050446/000156459022005287/mstr-10k_20211231.htm",
      "supports": "The 2021 holdings, original cost basis, average cost and identified equity, convertible and secured-note financing sources."
    },
    {
      "id": "strategy-2022-10k",
      "title": "MicroStrategy 2022 Form 10-K",
      "publisher": "U.S. Securities and Exchange Commission",
      "type": "annual SEC filing",
      "url": "https://www.sec.gov/Archives/edgar/data/1050446/000156459023002012/mstr-10k_20221231.htm",
      "supports": "The 2022 holdings, original cost basis, average cost, purchases, sale and market-value record."
    },
    {
      "id": "strategy-2023-10k",
      "title": "MicroStrategy 2023 Form 10-K",
      "publisher": "U.S. Securities and Exchange Commission",
      "type": "annual SEC filing",
      "url": "https://www.sec.gov/Archives/edgar/data/1050446/000095017024015847/mstr-20231231.htm",
      "supports": "The 2023 holdings, aggregate acquisition cost, average cost and comparative 2022 record."
    },
    {
      "id": "strategy-2025-10k",
      "title": "Strategy 2025 Form 10-K",
      "publisher": "U.S. Securities and Exchange Commission",
      "type": "annual SEC filing",
      "url": "https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/mstr-20251231.htm",
      "supports": "The 2024 and 2025 holdings and cost roll-forward, financing sources, name change, preferred classes, accounting, KPI limits, risks and post-period position."
    }
  ]
}