After a period of not buying any Bitcoin (BTC), raising concerns that one of the maiden cryptocurrency’s largest bulls might be losing confidence, Michael Saylor’s MicroStrategy (NASDAQ: MSTR) has broken the streak by purchasing 18,300 BTC and increasing its stash to a whopping 244,800 BTC.
As it happens, MicroStrategy bought Bitcoin in the value of around $1.11 billion on September 12, at an average price of $60,408, and has reached a BTC yield of 4.4% quarter-to-date (QTD) and 17% since the year’s start, Saylor said in an X post he published on September 13.
Furthermore, the MicroStrategy co-founder and executive chairman stressed that, with the most recent purchase of the flagship decentralized finance (DeFi) asset, his company currently owned 244,800 BTC acquired for $9.45 billion at an average price of $38,585 per Bitcoin.
MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin and has achieved BTC Yield of 4.4% QTD and 17.0% YTD. As o
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