If Strategy bought Micron Technology instead of Bitcoin…
$487.4B↑ vs $54.1B BTC value
Total invested
$63.9B
116 transactions
MU value today
$487.4B
+663.1% return
BTC value today
$54.1B
-15.2% return
MU outperformed by
+$433.3B
+678% more return on capital
Bitcoin (actual)
MU (hypothetical, total return)
Quietly working in the background
Dividends earned along the way
MU paid 20 dividends over this period
Cash dividends paid
$431M
before reinvestment
Compounded reinvested value
$3.1B
↑ $2.7B from reinvestment
Share of MU's total return
0.6%
rest is price appreciation
Where MU's $487.4B value comes from
total return = price + dividends
Price appreciation · $484.4B
Dividends · $3.1B
Price-only return
Reinvested dividends (compounded at ex-date avg price)
MU's lead over Bitcoin is largely price appreciation. $431M 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
MU value now
Jul 6, 2026Sale
$135M
$135M
$135M
Jun 30, 2026Sale
$81M
$81M
$81M
Jun 22, 2026
$35M
$33M
$26M
Jun 15, 2026
$100M
$102M
$84M
Jun 8, 2026
$101M
$99M
$96M
Jun 1, 2026Sale
$2M
$2M
$2M
May 18, 2026
$2.0B
$1.6B
$2.5B
May 11, 2026
$43M
$34M
$48M
Apr 27, 2026
$255M
$210M
$437M
Apr 20, 2026
$2.5B
$2.2B
$5.0B
MU value includes reinvested dividends. Splits are silently adjusted. Saylor often makes multiple purchases per month — each is its own row. See methodology.