MicroStrategy’s Latest Bitcoin Acquisition Update
MicroStrategy continues to reinforce its status as a major Bitcoin advocate with its recent acquisition of 5,262 BTC for approximately $561 million, purchased at an average price of $106,662 per BTC.
Key Metrics:
• BTC Holdings (as of 12/22/2024): 444,262 BTC
• Total Acquisition Cost: ~$27.7 billion
• Average Purchase Price: ~$62,257 per BTC
Performance:
• Quarter-to-Date BTC Yield: 47.4%
• Year-to-Date BTC Yield: 73.7%
MicroStrategy’s strategic investment in Bitcoin has not only solidified its position as a pioneer in corporate BTC adoption but has also demonstrated significant returns, reflecting their long-term vision.
As Bitcoin’s adoption grows, MicroStrategy’s bold moves could serve as a testament to the increasing relevance of BTC in corporate treasuries. HODLing remains their steadfast strategy! 🚀
