If Strategy bought Walt Disney instead of Bitcoin…
$59.2B↑ vs $54.1B BTC value
Total invested
$63.9B
116 transactions
DIS value today
$59.2B
-7.3% return
BTC value today
$54.1B
-15.2% return
DIS outperformed by
+$5.1B
+8% more return on capital
Bitcoin (actual)
DIS (hypothetical, total return)
Quietly working in the background
Dividends earned along the way
DIS paid 6 dividends over this period
Cash dividends paid
$1.2B
before reinvestment
Compounded reinvested value
$1.1B
reinvested at ex-date close
Share of DIS's total return
1.8%
rest is price appreciation
Where DIS's $59.2B value comes from
total return = price + dividends
Price appreciation · $58.1B
Dividends · $1.1B
Price-only return
Reinvested dividends (compounded at ex-date avg price)
DIS's lead over Bitcoin is largely price appreciation. $1.2B in dividends were reinvested along the way, compounding into the total.
Per-transaction breakdown
Showing 10 most recent of 116 transactions
Transaction date
Amount
BTC value now
DIS value now
Jul 6, 2026Sale
$135M
$135M
$135M
Jun 30, 2026Sale
$81M
$81M
$81M
Jun 22, 2026
$35M
$33M
$34M
Jun 15, 2026
$100M
$102M
$97M
Jun 8, 2026
$101M
$99M
$101M
Jun 1, 2026Sale
$2M
$2M
$2M
May 18, 2026
$2.0B
$1.6B
$1.9B
May 11, 2026
$43M
$34M
$40M
Apr 27, 2026
$255M
$210M
$245M
Apr 20, 2026
$2.5B
$2.2B
$2.4B
DIS value includes reinvested dividends. Splits are silently adjusted. Saylor often makes multiple purchases per month — each is its own row. See methodology.