#XmasCryptoMiracles day earlier, Michael Saylor took to his X account to announce that last week, MicroStrategy’s treasury operations brought an overall Bitcoin yield of 0.72%, which is a net benefit of approximately 3,177 BTC. At a Bitcoin price on Tuesday of $94,000, Saylor referred to that yield as a “$299 million gift” to MicroStrategy shareholders.
This week, the company spread the word about yet another massive Bitcoin purchase made using its cash reserves and funds raised thanks to shareholders. MicroStrategy bought a $561 million Bitcoin chunk, therefore, as of now, the business intelligence firm holds a total of 444,262 Bitcoin worth roughly $27.7 billion.
Roughly a month ago, Michael Saylor announced that he intends to throw a “Bitcoin $100k” party at his house on New Year's Eve. Back then, Bitcoin was still trading slightly above $90,000, but he intends to have that party anyway. There is roughly one week to go before that day arrives.