MicroStrategy, known for its large Bitcoin investments, may have made a new purchase at an average price exceeding $100,000, as suggested by its leader, Michael Saylor.
New Bitcoin Investments
Michael Saylor hinted that MicroStrategy might have again acquired Bitcoin, posting a chart on his account. In recent weeks, the company made purchases at an average price close to $100,000.
Price Dynamics and Purchase Volumes
According to CoinGecko data, Bitcoin's price hasn't dropped below six figures since December 13. The company acquired Bitcoin at average prices of $97,862, $95,976, and $98,783 over the last three Mondays from November 25 to December 9, investing about $7.2 billion in total.
MicroStrategy's Success on the Stock Market
MicroStrategy shares have become some of the best performing on Nasdaq in 2024, with a year-to-date growth of 496.4%. The company also became a member of the Nasdaq-100, which includes the 100 largest non-financial companies on the stock exchange.
MicroStrategy continues to increase its Bitcoin investments, showing rapid development of its position in both the cryptocurrency and stock markets.
