MicroStrategy founder Michael Saylor stated again tonight (9th) that MicroStrategy has bought 21,550 bitcoins for $2.1 billion at an average price of $98,783! (Background: Michael Saylor initiated a vote for BTC to break $100,000 by the end of the year: over 85% agreed, implying that MicroStrategy will increase its holdings.) (Supplementary background: Interpretation of MicroStrategy bonds: Is it safe for MicroStrategy to aggressively increase its Bitcoin holdings?) The Bitcoin holding leader among U.S. listed companies, MicroStrategy founder Michael Saylor, announced again on social platform X this evening that MicroStrategy has bought 21,550 bitcoins for $2.1 billion at an average price of $98,783! MicroStrategy has acquired 21,550 BTC for approximately $2.1 billion at about $98,783 per bitcoin, achieving a BTC yield of 43.2% QTD and 68.7% YTD. As of December 8, 2024, we have acquired 423,650 BTC for approximately $25.6 billion at about $60,324 per bitcoin. $MSTR This is the company's fifth consecutive week of heavily investing in BTC, unafraid of the BTC's drop from the $100,000 mark. MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per #bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12/8/2024, we hodl 423,650 $BTC acquired for ~$25.6 billion at ~$60,324 per bitcoin. $MSTR https://t.co/8r7bFqMFof — Michael Saylor (@saylor) December 9, 2024 In the past 24 hours, the entire network has liquidated $504 million. Amid the downward fluctuations in Bitcoin, according to Coinglass data, in the past 24 hours, the total liquidation amount in the cryptocurrency network reached $504 million, with long liquidations at $410 million and short liquidations at $90.66 million, affecting over 200,000 people. Related reports: How has MicroStrategy succeeded? Bloomberg: Bitcoin holdings surpass assets of IBM, Nike, etc., with stock price 20 times in five years. Bitcoin surged 10% to 'break $89,000' new high! MicroStrategy added 27,000 BTC, and the stock price soared. Bitcoin broke $79,700 'knocking on $80,000'! MicroStrategy's BTC unrealized profit exceeded $10 billion. "MicroStrategy spent $2.1 billion to buy 21,550 bitcoins! Continuous five weeks of adding BTC" This article was first published on BlockTempo (the most influential blockchain news media).

#BTC