MicroStrategy Expands Bitcoin Holdings with $2.13B Purchase

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MicroStrategy Expands Bitcoin Holdings with $2.13B Purchase | Flash News Detail | Blockchain.News

12/9/2024 1:10:44 PM

According to Lookonchain, MicroStrategy has acquired an additional 21,550 BTC for $2.13 billion, with each Bitcoin purchased at an average price of $98,783. This purchase increases their total Bitcoin holdings to 423,650 BTC, valued at approximately $41.62 billion. The average buying price for their entire Bitcoin portfolio stands at $60,324, leading to an unrealized gain of about $16.07 billion. This strategic move highlights MicroStrategy's continued bullish stance on Bitcoin. (Source)

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