MicroStrategy Acquires 15,350 Bitcoins for $1.5 Billion at $100,386 Each, Total Holdings Reach 439,000 BTC

Dec 16, 2024, 01:04 PM

MicroStrategy Incorporated has acquired an additional 15,350 bitcoins for approximately $1.5 billion, raising its total bitcoin holdings to 439,000. The purchase was made between December 9 and December 15, 2024, at an average price of around $100,386 per bitcoin. This acquisition reflects MicroStrategy's ongoing strategy to increase its cryptocurrency holdings amid a rising bitcoin market, with the cryptocurrency trading above $105,000 in pre-market activity. As of the latest reports, MicroStrategy's stock is up to $442 in pre-market trading.