MicroStrategy's current regular Bitcoin purchases exceed 2021 bull run levels

Odaily reported that the amount of Bitcoin purchased by MicroStrategy has exceeded the highest level during the 2021 bull market. The BTC purchases in November and December have also increased compared to earlier in 2024. According to the Saylortracker page, MicroStrategy purchased 27,200 BTC on November 10, 2024 at an average price of around $74,000. MicroStrategy then bought 51,780 BTC on November 17, and subsequently purchased 55,500 BTC on November 24 at an average price of around $97,000, which is the largest single BTC purchase in its history. During the 2020-2021 bull market, MicroStrategy's largest purchase was an additional 29,646 BTC on December 21, 2020, when the BTC price was around $21,000. MicroStrategy will join the Nasdaq-100 Index on December 23, 2024, after which stock investors, including holders of the Invesco QQQ Trust (QQQ) with an AUM of around $322 billion, will gain exposure to Bitcoin.