Stock market data for MicroStrategy and Bitcoin price data from exchanges

MicroStrategy Buys 15,350 Bitcoins at $100,386 Each, Total Holdings 439,000 BTC Worth $45.4 Billion

Dec 16, 2024, 01:10 PM

MicroStrategy has acquired an additional 15,350 Bitcoins for approximately $1.5 billion, bringing its total holdings to 439,000 Bitcoins valued at about $45.4 billion. The purchase was made between December 9 and December 15, 2024, at an average price of $100,386 per Bitcoin. The company's Executive Chairman, Michael Saylor, announced that MicroStrategy has achieved a Bitcoin yield of 46.4% quarter-to-date and 72.4% year-to-date. As of December 15, 2024, the company has invested a total of $27.1 billion in Bitcoin, with an average purchase price of $61,725 per Bitcoin. This acquisition comes as Bitcoin reached a new all-time high of $106,554 and shortly after MicroStrategy sold 3.89 million shares, raising about $1.54 billion in cash under an at-the-market sale agreement to fund the purchase. The company continues to solidify its position as one of the largest corporate holders of Bitcoin.