MicroStrategy Extends Bitcoin Acquisition Streak, Buys 5,262 BTC for $561 Million

📆 23/12/2024 11:33 PM

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MicroStrategy has continued its weekly Bitcoin purchases, acquiring 5,262 BTC for $561 million at an average price of $106,662. This brings their total holdings to 444,262 BTC, purchased entirely on Mondays. Despite recent price corrections, MicroStrategy's Bitcoin holdings have now skyrocketed in value to over $42.6 billion.

MicroStrategy has extended its Monday bitcoin acquisition streak with another purchase announced by co-founder Michael Saylor minutes ago.

MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of 12/22/2024, we hodl 444,262, all of which were announced on Mondays, were significantly more valuable in terms of the greenback. In fact, they were all worth over $1 billion.

📆 23/12/2024 11:33 PM
📰 Crypto_Potato

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