- MicroStrategy purchased its newest Bitcoin between December 9, 2024, and December 15, 2024
- Last week, the corporate bought 21,550 Bitcoin for $2.1 billion and the week earlier than it purchased 15,400 Bitcoin for $1.4 billion
- The Bitcoin shopping for spree comes as MicroStrategy shall be added to the Nasdaq-100 Index on December 23
MicroStrategy has acquired an additional 15,350 Bitcoin value round $1.5 billion in money, pushing its complete holdings to 439,000.
In an 8-K filing to the US Securities and Exchange Commission (SEC), MicroStrategy, a significant Bitcoin holder, purchased the crypto asset between December 9, 2024, and December 15, 2024, at a median value of $100,386 per Bitcoin.
With the newest Bitcoin addition, MicroStrategy and its subsidiaries now maintain 439,000 Bitcoin, valued at $45 billion. In a submit on X, Michael Saylor, MicroStrategy’s CEO, mentioned the Bitcoin was purchased for $27.1 billion or a median value of $61,725 per Bitcoin.
Saylor additionally famous that MicroStrategy’s year-to-date Bitcoin Yield is 72.4% whereas its quarter-to-date Bitcoin Yield is 46.4%.
MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl
— Michael Saylor⚡️ (@saylor) December 16, 2024
This is the newest buy from MicroStrategy. Last week, the corporate bought an additional 21,550 Bitcoin between December 2, 2024, and December 8, 2024, for round $2.1 billion at a median value of $98,783 per Bitcoin. This adopted a purchase order of 15,400 Bitcoin for $1.4 billion the week earlier than.
Joining the Nasdaq-100 Index
The continued push to purchase extra Bitcoin comes as MicroStrategy shall be added to the Nasdaq-100 Index on December 23.
In an announcement on December 13 from Nasdaq, it mentioned three firms shall be added to its Index: Palantir Technologies Inc., MicroStrategy Incorporated, and Axon Enterprise, Inc.
Following the information, crypto analyst Will Clemente wrote on X: “Now that MSTR is getting added to the Nasdaq, every large pension fund, sovereign wealth fund, and individual retirement account in the world is going to have Bitcoin exposure.”
The information has additionally rallied MicroStrategy’s inventory value, pushing it up 3%, in line with CNBC.
