MicroStrategy purchased an additional 5,262 BTC for about $561 million, spending an average of $106,662 for each Bitcoin. This purchase occurred between December 16, 2024 and December 22, 2024 and used funds from the sale of 1.32 million shares of the Company’s stock.
The company currently owns 444,262 BTC, which it purchased for a total of $27.7 billion, at an average price of $62,257 per Bitcoin. Michael Saylor, the company’s co-founder and CEO, confirmed the amount on X (formerly Twitter):
MicroStrategy also said it has approximately $7.08 billion worth of shares available for sale in the future under the current agreement.
Meanwhile, the news was announced just after MicroStrategy was added to the Nasdaq 100 index today. This makes the company one of the 100 largest companies by market capitalization. Additionally, equity investors can now…
