MicroStrategy has once more elevated its Bitcoin holdings. The software program firm introduced it bought 55,500 BTC for $5.4 billion, bringing its whole to 386,700 BTC.
MicroStrategy Acquires 55,500 BTC
In a press release, MicroStrategy introduced that it acquired one other 55,500 BTC between November 18 and 24 for a mean worth of $97,862 per bitcoin and has now achieved a BTC yield of 35.2% quarter-to-date (QTD) and 59.3% year-to-date (YTD).
The firm now holds 386,700 BTC, which it acquired for $21.9 billion at a mean worth of $56,761 per bitcoin. MicroStrategy stays the general public firm with the most important Bitcoin holding.
Interstingly, MARA Holdings, the general public firm with the second-largest bitcoin holdings, introduced final week that it had purchased 5,771 BTC at a mean worth of $95,554 per bitcoin. However, the Bitcoin miner continues to be far behind MicroStrategy because it holds roughly 33,875 BTC in comparison with the software program firm’s 386,700 BTC.
Meanwhile, the software program firm is the fourth-largest Bitcoin holder, behind Satoshi Nakamoto, Binance, and BlackRock.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated subjects that lower throughout DeFi, NFTs, sensible contracts, and blockchain interoperability, amongst others. Boluwatife has a knack for simplifying essentially the most technical ideas and making it simple for crypto newbies to know. Away from writing, He is an avid basketball lover and a part-time degen.
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