MicroStrategy bought 27,200 BTC for $2.03 billion

From October 31 to November 10, MicroStrategy bought an additional 27,200 BTC for $2.03 billion (at a price of ~$74,463 per coin). This was announced by the founder of the company, Michael Saylor.

MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 each # bitcoin and has achieved a BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hold 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR https://t.co/uCt8nNUVqd

— Michael Saylor⚡️ (@saylor) November 11, 2024

As of November 11, the company holds 279,420 BTC on its balance sheet, purchased for $11.9 billion at an average price of $42,692.

MicroStrategy’s quarterly profit from holding digital gold was 7.3%, and year to date – 26.4%.

Against a backdrop of overall market growth and additional buying disclosures, MSTR shares rose 10.1% in Nasdaq premarket trading, data shows. Investing.com.

according to SaylorTrackerexcept for the last transaction, the company bought the first cryptocurrency 42 times. The company’s investments returned a 107% return, including more than $10.7 billion.

Bitcoin buys MicroStrategy. Data: SaylorTracker.

“I think SaylorTracker needs more green dots. ” was noted Saylor.

MicroStrategy remains the largest corporate holder of digital gold. She is followed by MARA miners and Riot Platforms, which possess bitcoins worth $2.19 billion and $852 million, respectively.

Let us remind you that Sailor’s company is in September bought more 7420 BTC after selling $1 billion bonds.

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