MicroStrategy’s BTC Stash Grows: 18,300 Bitcoin Added, Yield Hits 17% YTD!
MicroStrategy continues its relentless Bitcoin accumulation, acquiring 18,300 BTC for approximately $1.11 billion at an average price of $60,408 per BTC. This latest buy has helped the company achieve a Bitcoin Yield of 4.4% for the quarter and an impressive 17% year-to-date. As of September 12, 2024, the software giant now holds a staggering 244,800 BTC, purchased for $9.45 billion at an average price of $38,585 per coin.
With such aggressive moves, MicroStrategy further solidifies its position as one of the largest institutional holders of Bitcoin, underlining their long-term bullish stance on the cryptocurrency market.
