Recently, MicroStrategy achieved a significant milestone with its Bitcoin purchase. This strategy proved to be quite fruitful financially.
MicroStrategy's Record Purchase
Michael Saylor, the executive chairman and co-founder of MicroStrategy, disclosed that the company acquired 258,320 BTC for $22.07 billion in 2024, at an average price of nearly $85,450 per BTC.
Company's Financial Results
This acquisition resulted in a remarkable 74.3% BTC yield for the year. Starting with 189,150 BTC in 2024, MicroStrategy realized a BTC gain of 140,630 BTC, averaging 385 BTC per day.
Current Bitcoin Market Situation
Bitcoin reached a high of $102,500 amid a seven-day price rise. Currently, BTC is in a $101,500-$102,500 consolidation zone, facing resistance. Analysts highlight key support and resistance levels, indicating further market movements.
MicroStrategy's Bitcoin investment strategy has proved successful, showing significant financial results. The market is now focused on potential Bitcoin price changes.
