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.
*This is not investment advice.