The post Breaking : Microstrategy Buys 15,350 BTC For $1.5 Billion appeared first on Coinpedia Fintech News
Microstrategy, a Nasdaq-100 listed firm has acquired 15,350 BTC Bitcoins for approximately $1.5 billion billion at an average price of $100,386 per BTC.
With the recent acquisition, the firm holds 439,000 $BTC , purchased for $27.1 billion at an average of $61,725 per bitcoin, achieving YTD yields of 46.4% QTD and 72.4% YTD.
MicroStrategy now holds 2% of the 21 million BTC available in existence.
On December 15, Michael Saylor sparked an interesting discussion, with his X post questioning the absence of a “green dot” on SaylorTracker, which is widely known as a signal for imminent Bitcoin purchases.
MicroStrategy joins the Nasdaq-100 index and ‘QQQ’ ETF
Starting December 23, MicroStrategy’s inclusion in the Nasdaq-100 positions it within prominent index-tracking funds like QQQ. With over $250 billion in assets under management, this exchange-traded fund
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