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🪙 MicroStrategy Purchases 27,200 BTC for Billion at an average price of $74,463; Now Holds 279,420 BTC 😳 🤯🤯
BTC Update🔥
The Company today announced that, during the period between October 31, 2024 and November 10, 2024, the Company acquired approximately 27,200 bitcoins for approximately $2.03 billion in cash, at an average price of approximately $74,463 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the issuance and sale of Shares (defined below) under the Sales Agreements (defined below).
As of November 10, 2024, the Company, together with its subsidiaries, held an aggregate of approximately 279,420 bitcoins, which were acquired at an aggregate purchase price of approximately $11.9 billion and an average purchase price of approximately $42,692 per bitcoin, inclusive of fees and expenses.
From October 1, 2024 to November 10, 2024, the Company’s BTC Yield was 7.3%. From January 1, 2024 to November 10, 2024, the Company’s BTC Yield was… 3 replies
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