The company now holds 446,400 Bitcoin valued at approximately US$41 billion, extending its position as the largest corporate bitcoin holder. MicroStrategy has spent roughly US$27.9 billion building its Bitcoin treasury, which has nearly doubled in value.
The firm’s buying pace has accelerated significantly since Trump’s election victory. Recent purchases include a US$2 billion acquisition at US$74,463 per Bitcoin, followed by purchases of US$4.6 billion and US$5.4 billion in subsequent weeks.
MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12/29/2024, we hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR https://t.co/58aXM7g6u2
— Michael Saylor⚡️ (@saylor) December 30, 2024
Executive Chairman Michael Saylor, who initiated the company’s bitcoin strategy in 2020 following the pandemic market crash, has been steadfast about the company’s Bitcoin strategy, stressing that it will continue its buying spree.
Despite the announcement, Bitcoin price has been on a decline, trading today at US$92,600 — down from its recent all-time high of US$108,135.
MicroStrategy’s continued accumulation despite price fluctuations signals sustained corporate confidence in Bitcoin as a treasury asset.
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