news picture

MicroStrategy (MSTR), a staunch Bitcoin proponent, has boosted its holdings by another 5,262 BTC, bringing its total to a staggering 444,262 BTC.

2024-12-29

This marks seven consecutive weeks of Bitcoin acquisitions, costing approximately $561 million at an average price of $106,622 per coin. The purchase, hinted at by Executive Chairman Michael Saylor, increases the value of MicroStrategy's Bitcoin holdings to around $42.2 billion at current market prices, raising their average cost basis to $62,257 per BTC.

Funding for this latest purchase came from share sales under the company's at-the-market (ATM) program, leaving approximately $7.08 billion remaining.

This significant Bitcoin buy coincides with MicroStrategy's inclusion in the Nasdaq 100 index.

Request A Call Back

Any questions left? Please leave your contact info. Our Manager will answer you shortly.

Prague Office

Chudenická Str., No. 1059/30, Hostivar, ZIP 102 00,
Prague, Czech Republic

Contact Us Now!

+420 731 785 056