
Breaking : Microstrategy Buys 15,350 BTC For $1.5 Billion
MicroStrategy, a Nasdaq-100 listed firm, has made another significant move in the cryptocurrency space by acquiring an additional 15,350 Bitcoins (BTC) for approximately $1.5 billion at an average price of $100,386 per BTC.
This latest acquisition brings MicroStrategy’s total Bitcoin holdings to a staggering 439,000 BTC, purchased for a whopping $27.1 billion at an average cost of $61,725 per bitcoin. Notably, the company has achieved year-to-date yields of an impressive 46.4% and 72.4%, respectively.
The acquisition also places MicroStrategy as the holder of approximately 2% of the total available Bitcoin supply, solidifying its position as a major player in the cryptocurrency market.
This recent move follows Michael Saylor’s intriguing tweet on December 15, which sparked a lively discussion about the absence of a “green dot” on Saylor’s Twitter profile, fueling speculation about potential further Bitcoin purchases.
Source: coinpedia.org