- MicroStrategy purchased its newest Bitcoin between December 9, 2024 and December 15, 2024
- Final week the corporate purchased 21,550 bitcoins for $2.1 billion and the week earlier than that it purchased 15,400 bitcoins for $1.4 billion
- The Bitcoin shopping for spree is coming as MicroStrategy shall be added to the Nasdaq-100 on December twenty third
MicroStrategy acquired a further 15,350 bitcoins value roughly $1.5 billion in money, bringing its whole holdings to 439,000.
In an 8,000 submitting with the U.S. Securities and Change Fee (SEC), MicroStrategy, a significant bitcoin holder, bought the crypto-asset between December 9, 2024, and December 15, 2024, at a median worth of $100,386 per bitcoin.
With the most recent bitcoin addition, MicroStrategy and its subsidiaries now maintain 439,000 bitcoins, value $45 billion. Michael Saylor, CEO of MicroStrategy, mentioned in a submit on X that bitcoin was purchased for $27.1 billion, or a median worth of $61,725 per bitcoin.
Saylor additionally famous that MicroStrategy's annualized bitcoin return is 72.4%, whereas its quarter-to-date bitcoin return is 46.4%.
MicroStrategy acquired 15,350 BTC for about $1.5 billion for about $100,386 #bitcoin and BTC has returned 46.4% QTD and 72.4% YTD. As of 15/12/2024, we’ve NOK 439,000 $BTC raised for ~$27.1 billion at ~$61,725 per bitcoin. $ MSTR https://t.co/SaWLNBVkrl
— Michael Saylor⚡️ (@saylor) December 16, 2024
That is the most recent buy from MicroStrategy. Final week, the corporate bought a further 21,550 bitcoins between December 2, 2024 and December 8, 2024 for roughly $2.1 billion at a median worth of $98,783 per bitcoin. This adopted the acquisition of 15,400 bitcoins for $1.4 billion final week.
Entry into the Nasdaq-100 index
The continued push to purchase extra bitcoin comes with MicroStrategy being added to the Nasdaq-100 on December twenty third.
In a Dec. 13 announcement, Nasdaq mentioned three corporations can be added to its index: Palantir Applied sciences Inc., MicroStrategy Included and Axon Enterprise, Inc.
Following the information, crypto analyst Will Clemente wrote on X: “Now that MSTR is itemizing on Nasdaq, each main pension fund, sovereign wealth fund and particular person retirement account on the planet can have publicity to Bitcoin.”
The information additionally boosted MicroStrategy's share worth, taking it up 3%, in line with CNBC.
