AAPLSPYMSFTNVDAGLDETHTSLAQQQXRP
If Strategy bought Target instead of Bitcoin…
$75.6B↑ vs $53.3B BTC value
Total invested
$64.1B
113 transactions
TGT value today
$75.6B
+18.0% return
BTC value today
$53.3B
-16.7% return
TGT outperformed by
+$22.3B
+35% more return on capital
Bitcoin (actual)
TGT (hypothetical, total return)
Quietly working in the background
Dividends earned along the way
TGT paid 24 dividends over this period
Cash dividends paid
$3.3B
before reinvestment
Compounded reinvested value
$3.9B
↑ $629M from reinvestment
Share of TGT's total return
5.2%
rest is price appreciation
Where TGT's $75.6B value comes from
total return = price + dividends
Price appreciation · $71.7B
Dividends · $3.9B
Price-only return
Reinvested dividends (compounded at ex-date avg price)
TGT's lead over Bitcoin is largely price appreciation. $3.3B in dividends were reinvested along the way, compounding into the total.
Per-transaction breakdown
Showing 10 most recent of 113 transactions
Transaction dateAmountBTC value nowTGT value now
Jun 15, 2026$100M$100M$96M
Jun 8, 2026$101M$98M$108M
Jun 1, 2026Sale$2M$2M$2M
May 18, 2026$2.0B$1.6B$2.2B
May 11, 2026$43M$34M$47M
Apr 27, 2026$255M$206M$261M
Apr 20, 2026$2.5B$2.2B$2.6B
Apr 13, 2026$1.0B$877M$1.1B
Apr 6, 2026$330M$307M$359M
Mar 23, 2026$77M$65M$88M

TGT value includes reinvested dividends. Splits are silently adjusted. Saylor often makes multiple purchases per month — each is its own row. See methodology.