MicroStrategy announced that it purchased 1,070 Bitcoins for approximately $101 million in cash.
MicroStrategy founder Michael Saylor shared on his X account that MicroStrategy purchased 1,070 BTC for approximately $101 million at an average price of $94,004 per Bitcoin.
“MicroStrategy purchased 1,070 BTC for $101M at a cost of approximately $94,004 and achieved BTC Returns of 48.0% in Q4 2024 and 74.3% in FY 2024.
As of 05/01/2025, we hold 447,470 BTC purchased at an average price of $62,503 for approximately 27.97 billion.
MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we hodl 447,470 $BTC acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR https://t.co/CkLrLSkB5M
— Michael Saylor⚡️ (@saylor) January 6, 2025
*This is not investment advice.
