Bitcoin: MicroStrategy Surpasses 439,000 BTC After A Huge New Investment
MicroStrategy, a well-known company for its massive investments in bitcoin, has recently made a major new acquisition. Between December 9 and December 15, 2024, the company purchased 15,350 bitcoins for a total amount of 1.5 billion dollars. This transaction was made at an average price of 100,386 dollars per BTC.
MicroStrategy: 439,000 bitcoin for 27.1 billion dollars
This new acquisition brings MicroStrategy’s total bitcoin holdings to 439,000 BTC, purchased for a total price of 27.1 billion dollars. On average, the company paid 61,725 dollars per BTC. Michael Saylor, the founder of MicroStrategy, highlighted the impressive performance of the company in terms of bitcoin, noting a return of 46.4% for the current quarter and 72.4% for the current year.
This aggressive bitcoin buying strategy by MicroStrategy comes amid a continuous rise in the company’s stock price, which has surged by 490% since the beginning of the year. Additionally, MicroStrategy was recently added to the Nasdaq-100 index, reflecting the growing growth and importance of the company in the market.
A bright future for BTC
This recent acquisition of BTC by MicroStrategy strengthens its position as one of the largest bitcoin holders in the world. The company now holds more than 2% of the total bitcoin supply. This bold strategy reflects Saylor and his team’s conviction in the long-term potential of BTC as a store of value and investment asset.
Michael Saylor expressed his confidence in the future of BTC, stating that he would continue to buy bitcoins even if the price exceeded 100,000 dollars. He even mentioned the possibility of buying bitcoins for a million dollars each in the future.
In summary, MicroStrategy’s purchase of 15,350 bitcoins for 1.5 billion dollars is a significant step in the company’s investment strategy. This acquisition not only strengthens MicroStrategy’s position in the BTC market but also underscores the company’s continued confidence in the growth potential of this cryptocurrency.
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Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.
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