CryptoQuant CEO Ki Young Ju posted on X: "In the past 30 days, MicroStrategy (MSTR) has spent $13.5 billion to acquire 149,900 BTC, with the position value increasing by $21.5 billion."
The Bitcoin market cannot absorb hundreds of billions of dollars in the short term without driving up prices, making returns almost inevitable.
If BTC breaks $100,000, then as we enter the price discovery phase, gains may further increase."
Yesterday, Michael Saylor posted on the X platform stating that MicroStrategy acquired 15,400 BTC for approximately $1.5 billion, and as of December 2, 2024, holds 402,100 BTC at an average price of $58,263, achieving a year-to-date BTC return of 38.7% and a year-to-date return of 63.3%.