MicroStrategy Expands Bitcoin Holdings with $1.5 Billion Purchase

12/16/2024 1:45:54 PM

According to Lookonchain, MicroStrategy has acquired an additional 15,350 BTC, investing $1.5 billion at an average price of $100,386 per Bitcoin last week. This purchase increases MicroStrategy's total Bitcoin holdings to 439,000 BTC, valued at approximately $45.56 billion. The company has an average buying price of $61,725 per Bitcoin, resulting in an unrealized profit of around $18.46 billion. This move reflects MicroStrategy's continued bullish stance on Bitcoin. (Source)

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