MicroStrategy expands BTC investment: MicroStrategy acquired 15,350 BTC for 1.5 billion USD, raising total holdings to 439,000 BTC. The average purchase price stands at 100,386 USD per BTC, reflecting a total investment of 27.1 billion USD in BTC.
Significant returns and stock growth: MicroStrategy has reported impressive returns of 46.4% for the current quarter and 72.4% for the year. Their stock price surged 490% in 2024, culminating in their inclusion in the Nasdaq-100 index.
Future purchases planned by CEO: CEO Michael Saylor remains optimistic about BTC’s long-term potential. He plans to continue acquiring Bitcoin irrespective of prices exceeding 100,000 USD, aiming for eventual purchases at higher valuations.