The post MicroStrategy Buys 5,262 BTC for $561 Million appeared first on Coinpedia Fintech News
MicroStrategy, the biggest corporate holder of Bitcoin, has increased its Bitcoin reserves once again. The company recently purchased an additional 5,262 BTC for $561 million, at an average price of $106,662 per Bitcoin.
This latest acquisition brings MicroStrategy’s total holdings to 444,262 BTC, acquired for approximately $27.7 billion at an average price of $62,257 per Bitcoin.
MicroStrategy Bitcoin Holdings
The company has consistently shown its commitment to Bitcoin. Back in December 2020, during the bull market, MicroStrategy made its largest single purchase of 29,646 BTC when Bitcoin was priced at around $21,000.
MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of 12/22/2024, we hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin. $MSTR https://t.co/asDGerBV7q
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