As a seasoned crypto investor with a knack for spotting trends and a penchant for taking calculated risks, I can’t help but admire MicroStrategy’s bold moves in the Bitcoin market. With each significant purchase, they are not just accumulating digital gold, but also making a powerful statement about the future of finance.
In a new development, the data analysis company MicroStrategy has added another substantial amount to its Bitcoin holdings, acquiring a total of 15,350 Bitcoins.
According to the recent update on X, the firm has increased its Bitcoin holdings by approximately 15,350 more Bitcoins, investing around $1.5 billion. On average, each Bitcoin cost them around $100,386.
As a researcher, I’d note that with this latest purchase, MicroStrategy has amassed a total of 439,000 Bitcoins, spending roughly $27.1 billion in the process. This means each Bitcoin was obtained at an average cost of approximately $61,725.
This quarter, the company’s Bitcoin investments have earned an outstanding return of 46.4%. And if you look at the performance since the beginning of the year, their Bitcoin holdings have delivered a staggering yield of 72.4%.
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2024-12-16 20:27