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MicroStrategy Buys 55.5k Bitcoin, Now Holds 386,700 BTC!

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By on November 25, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post MicroStrategy Buys 55.5k Bitcoin, Now Holds 386,700 BTC! appeared first on Coinpedia Fintech News

Micheal Saylor-led MicroStrategy has acquired 55,500 BTCs today. Reportedly, the firm has purchased it for ~$5.4 billion and an average buy price of $97,862 per token. Moreover, the Bitcoin holding has achieved a Yield of 35.2% Quarter-to-Date (QTD) and 59.3% Year-to-Date (YTD). As per the latest data, MicroStrategy holds 386,700 BTC tokens which were acquired for a total of ~$21.9 billion and an average buy price of ~$56,761 per Bitcoin.

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