The Bitcoin holding champion among US-listed companies, MicroStrategy founder Michael Saylor, announced on the social platform X tonight (25th) that MicroStrategy has purchased 55,500 BTC for about $5.4 billion at an average price of $97,862 per BTC!
MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR https://t.co/79ExzXk4UM
— Michael Saylor
(@saylor) November 25, 2024
Bit holds $97,000
In terms of the Bit price, there has not been a significant upward momentum yet. Bit approached $99,000 in the evening but has since continued to decline, currently trading at $97,337, holding the $97,000 level.
$338 million in liquidations across the network in the past 24 hours
Amid the volatile fluctuations in Bit, according to data from Coinglass, the total amount of liquidations across the crypto network in the past 24 hours reached $338 million, with $194 million in long liquidations and $144 million in short liquidations, affecting over 129,000 people.
