MicroStrategy has just completed its largest-ever Bitcoin acquisition, purchasing approximately 51,780 Bitcoin for $4.6 billion between November 11-17, 2024, at an average price of $88,627 per Bitcoin.
This purchase was funded through a successful stock offering that concluded in October 2024, bringing the company’s total Bitcoin holdings to over 331,000 BTC with a combined worth of $16.5 billion.
MicroStrategy’s stock surged 9% to $371, representing a fivefold increase in value since the beginning of the year.
You can track Microstrategy BTC purchases on the SaylorTracker.Com:
An update from Swan Finance on these events:
