MicroStrategy Holding 331,200 Bitcoin at $16.5 Billion Total Cost 😱
#MicroStrategy has acquired 51,780 BTC at an average price of ~$88,627 per bitcoin, bringing total holdings to 331,200 BTC as of November 17, 2024. The total acquisition cost is ~$16.5 billion, with an average price of ~$49,874 per bitcoin. The company reports impressive BTC yield returns of 20.4% quarter-to-date (QTD) and 41.8% year-to-date (#YTD ), showcasing the success of its Bitcoin-focused strategy.
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