MicroStrategy, a major corporate Bitcoin holder, has announced the acquisition of 15,350 BTC worth approximately $1.5 billion.
New Bitcoin Purchase
MicroStrategy acquired 15,350 BTC between Dec. 9 and 15 at an average price of about $100,386 per BTC using proceeds from the issuance and sale of shares under the convertible notes sales agreement.
Outstanding Yearly Yield
MicroStrategy founder Michael Saylor highlighted the company’s Bitcoin performance, noting a 46.4% yield quarter-to-date and a 72.4% yield year-to-date.
I’m sure that I will be buying Bitcoin at $1 million a coin — probably $1 billion dollars a day of Bitcoin at $1 million a coin.Michael Saylor
Future Plans
Recently, MicroStrategy also announced a purchase of another 21,550 BTC, marking the continuation of purchases even as Bitcoin price exceeds $100,000.
This is a developing story, and further information will be added as it becomes available.
