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Key Takeaways

  • MicroStrategy spent another $1.5 billion acquiring 15,400 BTC, according to a Monday announcement.
  • MicroStrategy’s total Bitcoin holdings now stand at 402,100 BTC, valued at approximately $38 billion.

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MicroStrategy, the largest corporate holder of Bitcoin, said Monday it had purchased another 15,400 Bitcoin worth $1.5 billion at an average price of $95,976 per coin, boosting the company’s total Bitcoin stash to 402,100 BTC, valued at approximately $38 billion at current market prices.

According to a Form 8-K filing with the SEC, the business intelligence firm funded the purchase through a combination of issuing and selling shares.

MicroStrategy entered into a Sales Agreement to sell up to $21 billion worth of its common stock. During the period between November 25, 2024, and December 1, 2024, the company sold $1.48 billion worth of shares, using the proceeds to acquire Bitcoin.

It is MicroStrategy’s fourth consecutive week of major Bitcoin purchases, following last week’s purchase of 55,500 BTC for roughly $5.4 billion at an average price of $97,862 per coin and the previous week’s purchase of $4.6 billion.

The company’s “Bitcoin Yield” metric, which measures the percentage change in bitcoin holdings relative to diluted shares, reached 63% year-to-date as of December 2.

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