MicroStrategy has once again expanded its Bitcoin holdings by acquiring 21,550 BTC for a substantial $2.1 billion, equating to a price of $98,783 per bitcoin. This strategic purchase has resulted in impressive returns, with 43.2% growth quarter to date and 68.7% year to date, showcasing the company’s optimistic approach towards Bitcoin investment.
As of December 8, 2024, MicroStrategy’s total Bitcoin investment has reached an astonishing 423,650 BTC, valued at approximately $25.6 billion at a purchase price of around $60,324 per coin. This massive accumulation highlights the firm's belief in Bitcoin's potential and its commitment to digital asset accumulation as part of its financial strategy.
