#### Assuming MicroStrategy maintains its current aggressive acquisition strategy, and the market follows the bullish 75th percentile trajectory, their Bitcoin treasury could be worth approximately $2.38 trillion in 2034. # Potential worth of MicroStrategy's (now known as Strategy) Bitcoin treasury in ten years, we need to project both their total holdings and the price of Bitcoin for 2034. ## Based on the 75th percentile bullish scenario, here is the breakdown: Projected Bitcoin Price in 2034: According to the year-on-year data from the bullish model, the projected price for one Bitcoin by the end of 2034 is $742,943.76. ## Projected MicroStrategy Bitcoin Holdings in 2034: * Current Holdings: As of early September 2025, MicroStrategy holds 638,460 BTC.[1, 2] * Current Acquisition Pace: To establish their current pace, we can analyze their purchases throughout 2025. The company's holdings grew from 447,470 BTC on January 6, 2025, to 638,460 BTC by September 8, 2025.[1] This means they acquired approximately 191,000 BTC over roughly eight months, establishing an average acquisition rate of about 23,700 BTC per month. * Projected Holdings: Assuming they maintain this pace for the next nine years until September 2034, they would acquire an additional 2,560,000 BTC (23,700 BTC/month x 108 months). This would bring their total projected treasury to approximately 3,200,000 BTC. * Projected Total Worth in 2034: By multiplying the projected holdings by the projected price, we can estimate the total worth of their treasury. * 3,200,000 BTC (Projected Holdings) x $742,943.76 (Projected Price) = ~$2.38 Trillion