Mike Smith
6 days ago
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From December 9 to December 15, 2024, MicroStrategy once again increased its Bitcoin assets, acquiring 15,350 BTC for a total of $1.5 billion. The average purchase price was $100,386 per coin.
The company's portfolio currently contains 439,000 BTC. Taking into account the current rate of the first cryptocurrency at $104,000, the assets are valued at $45.6 billion. At the same time, the average purchase price of the entire volume is $61,725 per bitcoin, which emphasizes the significant profitability of MicroStrategy's strategy.
According to the latest data, the company's return on investments in BTC was 46.4% since the beginning of the fourth quarter and 72.4% since the beginning of the year. This was announced by the company's co-founder and chairman Michael Saylor on his page in the social network X. He emphasized that MicroStrategy's long-term strategy continues to demonstrate outstanding results against the backdrop of the rapid growth of Bitcoin.
On the night of December 16, the BTC price set a new historical maximum, exceeding the $ 106,000 mark. At the time of publication of the rate, Bitcoin is trading at about $ 104,000, which reinforces positive expectations for both the company and the cryptocurrency market as a whole.
MicroStrategy has consistently adhered to the strategy of using Bitcoin as the main corporate asset since 2020. During this time, the company has become a symbol of institutional interest in cryptocurrencies and the largest holder of BTC among public organizations. The total amount of MicroStrategy's investments currently amounts to about $ 27.1 billion.
It is worth noting that the new purchase was made on the eve of the company's inclusion in the Nasdaq-100 index, which is scheduled for December 23, 2024. Being included in the list of the largest US tech companies is a significant event for MicroStrategy, strengthening its reputation among institutional investors and highlighting the success of the strategy under the leadership of Michael Saylor.
Analysts point out that MicroStrategy's actions play a key role in strengthening trust in Bitcoin among traditional financial players. Growing corporate interest in BTC helps reduce volatility in the market and creates the preconditions for further growth in its value.
