The largest publicly traded company holder of Bitcoin (BTC) has just added over 2,000 new tokens to its holdings.
According to MicroStrategy founder Michael Saylor, the software development company just secured 2,138 BTC, worth around $209 million.
“MicroStrategy purchased 2,138 BTC for approximately $209 million at approximately $97,837 per Bitcoin, generating a BTC return of 47.8% QTD (QTD) and 74.1% YTD (YTD). As of 12/29/2024, we hold 446,400 BTC for approximately $27.9 billion at approximately $62,428 per Bitcoin.”
Saylor added a link to the company’s SEC filings related to the BTC acquisition.
Last week, MicroStrategy added three new seats to its board.
In a filing with the U.S. Securities and Exchange Commission (SEC), the enterprise software company said the number of its board members increased to nine.
“On December 20, 2024, the Board of Directors (the “Board”) of MicroStrategy Incorporated (the “Company”), upon the recommendation of the Nominating Committee of the Board, expanded the size of the Board of Directors from six to nine members.”
The following day, reports emerged that MicroStrategy, along with governments and publicly traded…
