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    Home»Bitcoin»MicroStrategy Acquires 5,262 Bitcoin at File Common Value of $106K
    MicroStrategy Acquires 5,262 Bitcoin at File Common Value of 6K
    Bitcoin

    MicroStrategy Acquires 5,262 Bitcoin at File Common Value of $106K

    By Crypto EditorDecember 23, 2024No Comments2 Mins Read
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    MicroStrategy, a publicly traded firm identified for its Bitcoin holdings, introduced on December twenty third the acquisition of 5,262 Bitcoin between December sixteenth and December twenty second. 

    MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of 12/22/2024, we hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin. $MSTR https://t.co/asDGerBV7q

    — Michael Saylor⚡️ (@saylor) December 23, 2024

    The acquisition concerned an funding of roughly $561 million at a mean value of $106,662 per Bitcoin, the best value the corporate has paid per coin so far.

    Following this buy, MicroStrategy and its subsidiaries maintain 444,262 Bitcoin, acquired at a complete price of $27.7 billion and a mean value of $62,257 per Bitcoin. 

    This transaction is a part of the corporate’s ongoing December shopping for spree, throughout which it acquired 42,162 Bitcoin, now valued at $4 billion.

    The most recent acquisition, whereas notable, represents the smallest buy disclosed by MicroStrategy since mid-2024, when it acquired 169 Bitcoin over two months.

    Founder Michael Saylor has reiterated his long-term dedication to Bitcoin accumulation, stating in December, “I’m certain that I might be shopping for Bitcoin at $1 million a coin — in all probability $1 billion {dollars} a day of Bitcoin at $1 million a coin.”

    $BTC is “going to understand in opposition to the greenback eternally,” MicroStrategy govt chairman @saylor says, including: “I count on that it’ll be probably the most beneficial factor on this planet 100 years from now.” pic.twitter.com/15RaoqV82A

    — Yahoo Finance (@YahooFinance) December 5, 2024

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