MicroStrategy, an intelligence firm, has made another significant move by purchasing 15,350 bitcoins.
As per the post on X, the company added 15,350 Bitcoin more to its bag, spending about $1.5 billion, at an average price of about roughly $100,386 per Bitcoin.
With this acquisition, MicroStrategy’s total Bitcoin holdings now stand at 439,000 BTC, acquired for a total of approximately $27.1 billion at an average price of about $61,725 per Bitcoin.
The company’s Bitcoin investments have seen impressive returns. For this quarter (QTD), the yield on their Bitcoin holdings is 46.4%, while the yield for the year-to-date (YTD) stands at 72.4%.
Also Read: MicroStrategy Joins Nasdaq-100, Bringing Bitcoin to Billions
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