MicroStrategy Acquires 2,138 BTC for $209M, Expands Holdings to 446,400 $BTC
MicroStrategy, the leading business intelligence firm and Bitcoin corporate adopter, has made another significant acquisition, purchasing 2,138 BTC for approximately $209 million. This adds to its growing Bitcoin holdings at an average price of ~$97,837 per BTC.
As of December 29, 2024, the company now holds 446,400 BTC—an investment valued at around $27.9 billion with an average acquisition price of $62,428 per Bitcoin.
MicroStrategy’s Bitcoin strategy continues to pay off, with the company reporting an impressive 47.8% BTC yield QTD (quarter-to-date) and 74.1% BTC yield YTD (year-to-date), underscoring the potential upside of its ongoing Bitcoin accumulation.
With its commitment to hodling , MicroStrategy remains one of the largest institutional Bitcoin holders, positioning itself as a leader in corporate crypto adoption. $MSTR investors and crypto enthusiasts will closely monitor the firm’s next moves as Bitcoin’s price and adoption continue to evolve. MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12/29/2024, we hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR #bitcoin #MicroStrategy
