MicroStrategy acquired 15,350 Bitcoins and at present holds 439,000 BTC price over $45 billion

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  • MicroStrategy made the latest Bitcoin purchases between December 9, 2024 and December 15, 2024
  • Final week, the corporate purchased 21,550 Bitcoins for $2.1 billion, and the week earlier than that it purchased 15,400 Bitcoins for $1.4 billion.
  • Bitcoin shopping for spree happens after MicroStrategy is added to the Nasdaq 100 index on December twenty third.

MicroStrategy acquired an extra 15,350 Bitcoins price roughly $1.5 billion in money, rising its whole holdings to 439,000 Bitcoins.

In accordance with an 8-Okay submitting with the U.S. Securities and Alternate Fee (SEC), MicroStrategy, a significant holder of Bitcoin, has made a median Bought crypto property at a value of $100,386.

With the newest Bitcoin additions, MicroStrategy and its subsidiaries now maintain 439,000 Bitcoins price $45 billion. MicroStrategy CEO Michael Saylor mentioned in a publish on X that Bitcoin was bought at $27.1 billion, or a median value of $61,725 ​​per Bitcoin.

Saylor additionally identified that MicroStrategy's year-to-date Bitcoin yield is 72.4%, in comparison with a quarter-to-date Bitcoin yield of 46.4%.

That is the newest buy from MicroStrategy. Final week, the corporate bought an extra 21,550 Bitcoins between December 2, 2024 and December 8, 2024, at a median value of $98,783 per Bitcoin, for roughly $2.1 billion. This adopted the earlier week's buy of 15,400 Bitcoins for $1.4 billion.

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Participation within the Nasdaq 100 Index

The push for extra Bitcoin purchases continues as MicroStrategy can be added to the Nasdaq 100 index on December twenty third.

Nasdaq introduced on December 13 that three corporations can be added to the index: Palantir Applied sciences Inc., MicroStrategy Included, and Axon Enterprise, Inc.

In response to the information, crypto analyst Will Clemente wrote on X: “With the addition of MSTR to Nasdaq, each massive pension fund, sovereign wealth fund, and particular person retirement account on the planet may have publicity to Bitcoin.”

MicroStrategy's inventory additionally rose on the information, rising 3%, in accordance with CNBC.

(Tag Translation) Market