Home ยป Acquiring without hesitation – MicroStrategy accumulates an additional 55,500 BTC averaging $97,862 in capital.

Acquiring without hesitation – MicroStrategy accumulates an additional 55,500 BTC averaging $97,862 in capital.

MicroStrategy has reported an additional purchase of 55,500 BTC between November 18-24, 2024, totaling approximately $5.4 billion at an average cost of $97,862 per BTC, including fees.

This latest purchase brings MicroStrategy’s total BTC holdings to approximately 386,700 BTC, with a total capital of $21.9 billion and an average of $56,761 per BTC.

The interesting point here is that holding Bitcoin as an asset has propelled MicroStrategy’s market capitalization to surpass $100 billion, placing it among the top 100 companies by market capitalization in the United States.

Source: CoinDesk

TLDR: MicroStrategy continues to increase its Bitcoin holdings, reaching a total of 386,700 BTC with a market capitalization surpassing $100 billion.

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