Loading...
Market
What will be MicroStrategy's average cost per Bitcoin by December 31, 2025?
3
Resolution / Starting Odds
Less than $60,000 • 25%
$60,000 to $70,000 • 25%
$70,001 to $80,000 • 25%
More than $80,000 • 25%
MicroStrategy's financial statements or official announcements
Story
MicroStrategy Acquires 5,262 Bitcoin for $561 Million at $106,662 Each, Totaling 444,262 Ahead of Nasdaq 100 Entry
Dec 23, 2024, 02:20 PM
MicroStrategy has acquired an additional 5,262 Bitcoin for $561 million, averaging $106,662 per coin, as the company prepares to enter the Nasdaq 100 index. This purchase marks the seventh consecutive week of Bitcoin acquisitions by MicroStrategy, which now holds a total of 444,262 Bitcoin at an average cost of $62,257 per Bitcoin. The firm has been actively increasing its Bitcoin holdings, with its stock experiencing a surge of over 500% in recent months, attributed to its aggressive investment strategy in digital assets. Additionally, MicroStrategy has proposed a significant increase in its authorized shares, potentially up to 10 billion, to facilitate further Bitcoin purchases. The company's strategy is seen as a pivotal move in the cryptocurrency market, especially as it gains exposure through the Nasdaq 100, which could lead to increased inflows from passive investment funds.
View original story
Similar markets
Less than $50,000 • 25%
$50,000 to $60,000 • 25%
$60,000 to $70,000 • 25%
More than $70,000 • 25%
Below $50,000 • 25%
$50,000 to $60,000 • 25%
$60,000 to $70,000 • 25%
Above $70,000 • 25%
Below $50,000 • 25%
$50,000 - $60,000 • 25%
$60,000 - $70,000 • 25%
Above $70,000 • 25%
Below $50,000 • 25%
$50,000 to $75,000 • 25%
$75,001 to $100,000 • 25%
Above $100,000 • 25%
Below $30,000 • 25%
$30,000 - $40,000 • 25%
$40,000 - $50,000 • 25%
Above $50,000 • 25%
Less than $55,000 • 25%
$55,000 to $60,000 • 25%
$60,000 to $65,000 • 25%
More than $65,000 • 25%
Below $30,000 • 25%
$30,000 - $40,000 • 25%
$40,000 - $50,000 • 25%
Above $50,000 • 25%
Below $60,000 • 25%
$60,000 to $70,000 • 25%
$70,001 to $80,000 • 25%
Above $80,000 • 25%
Below $60,000 • 25%
$60,000 - $80,000 • 25%
$80,000 - $100,000 • 25%
Above $100,000 • 25%
Less than 400,000 BTC • 25%
400,000 - 450,000 BTC • 25%
450,001 - 500,000 BTC • 25%
More than 500,000 BTC • 25%
Less than $30 billion • 25%
$30 billion to $40 billion • 25%
$40 billion to $50 billion • 25%
More than $50 billion • 25%
Below $30,000 • 25%
$30,000 to $50,000 • 25%
$50,001 to $70,000 • 25%
Above $70,000 • 25%