MicroStrategy's official financial statements or press releases

MicroStrategy's Largest Bitcoin Purchase: 51,780 BTC at $88,627 Each, Total Holdings 331,200 BTC

Nov 18, 2024, 01:09 PM

MicroStrategy Inc., led by CEO Michael Saylor, has made its largest Bitcoin purchase to date, acquiring an additional 51,780 bitcoins for approximately $4.6 billion in cash between November 11 and 17, 2024. The purchase was funded using proceeds from share sales. This acquisition was made at an average price of $88,627 per bitcoin and brings the company's total Bitcoin holdings to 331,200 bitcoins, acquired at an aggregate purchase price of approximately $16.5 billion, averaging $49,874 per bitcoin. MicroStrategy has achieved a Bitcoin yield of 20.4% quarter-to-date and 41.8% year-to-date. The company's Bitcoin holdings are now valued at around $30 billion, solidifying its position as the largest corporate Bitcoin holder.