Michael Saylor, founder of MicroStrategy, the leading holder of Bitcoin among publicly traded companies in the U.S., announced again on social media platform X this evening (25th) that MicroStrategy has purchased 55,500 Bitcoins at an average price of $97,862 for a total of $5.4 billion!
MicroStrategy has acquired 55,500 BTC at about $97,862 per Bitcoin for approximately $5.4 billion, achieving a 35.2% return on BTC since the beginning of the quarter and a 59.3% return since the beginning of the year.
As of November 24, 2024, we acquired 386,700 BTC for approximately $21.9 billion, at about $56,761 per Bitcoin.
Bitcoin is holding at $97,000.
In terms of price, there has not yet been a significant incentive effect. Bitcoin fell continuously after approaching $99,000 in the evening, currently reported at $97,337, trying to hold the $97,000 level.
In the past 24 hours, the total liquidation across the network was $338 million.
Amid the fluctuating price of Bitcoin, data from Coinglass shows that in the past 24 hours, the total liquidation amount across the cryptocurrency network reached $338 million, with long positions liquidated at $194 million and short positions at $144 million, affecting over 129,000 people.
