MicroStrategy continues to use 1.5 billion USD to buy more Bitcoin

MicroStrategy has continued to implement a strong investment strategy in Bitcoin by purchasing an additional 15,400 BTC with a total value of approximately 1.5 billion USD in the period from November 25 to December 1, 2024. The average purchase price for each Bitcoin in this transaction is approximately 95,976 USD. After this transaction, the total number of Bitcoins that the company holds has increased to 402,100 BTC, with a total cost of about 23.4 billion USD and an average purchase price of 58,263 USD for each BTC. As of December 2, MicroStrategy recorded impressive Bitcoin investment profits, with a yield of 63.3% for the year and 38.7% for the current quarter.

MicroStrategy's continued increase in Bitcoin holdings further reaffirms the company's long-term commitment to the growth potential of this cryptocurrency, despite recent market fluctuations.