Michael Saylor has just posted the latest announcement about his company's continued purchase of BTC, the information is currently causing a stir as the total number of Bitcoin the company holds has reached 402,100 BTC.
MicroStrategy, a company famous for its strong investment strategy in Bitcoin, has just announced the completion of the purchase of an additional 15,400 BTC at a total value of around $1.5 billion, equivalent to an average price of $95,976 per Bitcoin. This announcement reinforces MicroStrategy's position as one of the largest institutional holders of Bitcoin in the world.
As of December 2, 2024, the company has owned a total of 402,100 BTC, with a total cost of approximately $23.4 billion and a medium price of $58,263 per Bitcoin. In addition, MicroStrategy recorded an impressive Bitcoin investment yield of 38.7% in this quarter and 63.3% YTD.
These figures reflect MicroStrategy's long-term strategy of leveraging the growth potential of Bitcoin. In the context of Bitcoin continuously setting new highs, the latest of which was $98,000, this move not only increases the value of the company's assets but also strengthens investor confidence in the company's vision.
