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MicroStrategy Keeps Monday Traditions: 5,262 BTC Acquired

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by A1

4 hours ago

MicroStrategy continues its tradition of purchasing bitcoins on Monday, as recently announced by co-founder Michael Saylor.

Monday BTC Purchase

The company acquired 5,262 bitcoins for $561 million, at an approximate rate of $106,662 per bitcoin. As of December 22, 2024, MicroStrategy holds 444,262 BTC, acquired for $27.7 billion at an average price of $62,257 per bitcoin.

MicroStrategy acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin. BTC yield is 47.4% QTD and 73.7% YTD.Michael Saylor

Previous Acquisition History

Previous purchases announced on Mondays were significantly more valuable, all worth over $1 billion. With today’s acquisition of 5,262 BTC, the total grew to 444,262, indicating a large portion was acquired before Wednesday.

Stock Price Growth

MicroStrategy’s stock prices have surged over 400% in the past year and are now valued at $364. The company reached a pivotal milestone as its shares joined the Nasdaq 100.

MicroStrategy continues to expand its Bitcoin investments, adhering to its strategy amid a volatile market.

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