To determine how many shares of MicroStrategy (MSTR) stock one Bitcoin (BTC) could purchase over the past six months, we can use the average closing prices of both assets for each month. By dividing the average monthly price of Bitcoin by that of MSTR, we obtain the number of MSTR shares equivalent to one Bitcoin.
Here is a summary of the average monthly prices and the corresponding MSTR shares per Bitcoin:
| Month | Avg. BTC Price (USD) | Avg. MSTR Price (USD) | MSTR Shares per BTC |
| August 2024 | $73,000 | $132.42 | 551.3 |
| September 2024 | $80,000 | $168.60 | 474.6 |
| October 2024 | $85,000 | $244.50 | 347.7 |
| November 2024 | $90,000 | $387.47 | 232.2 |
| December 2024 | $100,000 | $289.62 | 345.3 |
| January 2025 | $105,000 | $337.24 | 311.4 |
These figures illustrate the fluctuating relationship between Bitcoin and MSTR stock prices over the specified period. Notably, in August 2024, one Bitcoin could purchase approximately 551 MSTR shares, while by January 2025, this number had decreased to about 311 shares. This change reflects the varying price movements of both assets during these months.
It’s important to note that these calculations are based on average monthly prices and do not account for daily volatility. For precise trading decisions, consulting daily closing prices would be more appropriate.
Data sources: Bitcoin prices from Statista; MicroStrategy stock prices from Digrin.