CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinGape 2025-01-21 13:13:14

Breaking: MicroStrategy Acquires 11,000 BTC For $1.1 Billion

Michael Saylor’s MicroStrategy has announced its third Bitcoin purchase for the year and eleventh consecutive in as many weeks. The software company’s recent purchase brings its total BTC holdings to 461,000. MicroStrategy Acquires 11,000 BTC For $1.1 Billion In a press release , MicroStrategy announced that it had acquired 11,000 BTC for $1.1 billion at an average price of $101,191 per bitcoin. The company has now achieved a BTC yield of 1.69% year-to-date (YTD). Meanwhile, this most recent purchase brings the company’s total BTC holdings to 461,000, which it acquired for $29.3 billion at an average price of $63,610 per bitcoin. This marks MicroStrategy’s third Bitcoin purchase for the year and its eleventh in as many weeks, in a period spanning way back to the start of November 2024. Last week, the company acquired 2,530 BTC worth $243 million. The post Breaking: MicroStrategy Acquires 11,000 BTC For $1.1 Billion appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.