MicroStrategy acquires 2,138 bitcoins worth more than $270 million in BTC - The Daily Hodl
The largest listed #bitcoin (BTC) holding company now has more than 2,000 new tokens in its LINE portfolio. According to Michael Saylor, founder of #MicroStrategy , the software company acquired 2,138 #BTC worth $209 million.
"MicroStrategy acquired 2,138 BTC worth ~$209 million at a price of ~$97,837 per bitcoin, providing a BTC yield of 47.8% QTD (quarter to date) and 74.1% YTD (year to date) as of December 29, 2024, 446,400 BTC worth ~$27.9 billion at a price of ~$62,428 per bitcoin.
Saylor posted a #link to the company's documents filed with the SEC in connection with the BTC acquisition.
Last week, MicroStrategy added three new seats to its board of directors.
In documents filed with the U. S. Securities and Exchange Commission (SEC),
"On December 20, 2024, the Board of Directors (the "Board") of MicroStrategy Incorporated (the "Company"), upon the recommendation of the Nominating Committee of the Board of Directors, increased the number of directors from six to nine. increased the number of directors from six to nine.
The next day, it was revealed that MicroStrategy, along with government agencies and funds, owns nearly one-third of known BTC.
According to Kee Young Ju, founder and head of digital asset analysis firm CryptoQuant. said that 31% of known BTC is owned by ETFs, governments and MicroStrategy, up 14% from December 2023.
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