MicroStrategy recently purchased 15,350 Bitcoins for $1.5 billion, bringing its total to 439,000 BTC. The total cost of the company's Bitcoin investments reached $27.1 billion, while the average unit cost was stated as $61,725. MicroStrategy continues to stick to its strategy by viewing Bitcoin as a long-term store of value and is achieving strong returns with these investments.$BTC
With the latest purchases, MicroStrategy’s total Bitcoin portfolio has increased to 439,000 BTC. The purchases were made at an average unit price of $100,386. The total amount spent on Bitcoin purchases to date is calculated as $27.1 billion, while the average cost per Bitcoin is $61,725. As of December 15, 2024, MicroStrategy’s Bitcoin portfolio has become one of the world’s largest cryptocurrency reserves in terms of market value. The company states that it is pleased with the financial performance of these investments and that their portfolios have yielded 46.4% quarterly and 72.4% annual returns through 2024.
MicroStrategy continues to view Bitcoin as a long-term store of value. The company’s founder and CEO, Michael Saylor, argues that Bitcoin provides an effective hedge against future economic volatility. Saylor says the company’s financial strategy is strengthened by Bitcoin investments and that purchases will continue despite volatility in the Bitcoin market.
MicroStrategy’s Bitcoin investments are closely followed in the market. The company, which has attracted attention with its regular BTC purchases since 2020, continues to achieve high returns in its financial reports thanks to this strategy. The strategy they have implemented so far continues to appear as an element that strengthens the company’s financial success.