MicroStrategy Announces Purchase of 1,070 Bitcoins
The company disclosed in a disclosure to US regulatory authorities that it purchased 1,070 Bitcoins during the last two days of 2024, at a total cost of approximately 101 million $ . This purchase came at an average price of $94,000 per Bitcoin.
This brings MicroStrategy's total Bitcoin holdings to 447,470 Bitcoins, worth more than $44 billion.
MicroStrategy, led by CEO Michael Saylor, continues to significantly increase its Bitcoin holdings, having invested approximately $27.97 billion in the cryptocurrency to date
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