MicroStrategy’s Bitcoin holdings surpass 400,000 BTC after latest $1.5 billion buy

MicroStrategy’s Bitcoin holdings surpass 400,000 BTC after latest $1.5 billion buy
фото показано с : cryptoslate.com

2024-12-3 19:15

MicroStrategy has added 15,400 Bitcoin (BTC) to its holdings, spending around $1.5 billion, according to a Dec. 2 filing with the US Securities and Exchange Commission (SEC).

This marks the company’s fourth consecutive weekly purchase, with an average acquisition price of $95,976 per Bitcoin.

MicroStrategy’s Bitcoin Acquisitions (Source: Bitcoin Treasuries)

The latest transactions occurred between Nov. 25 and Dec. 1, bringing MicroStrategy’s total Bitcoin holdings to 402,100 BTC. They were acquired for approximately $23.4 billion at an average of $58,263 per Bitcoin.

At current market rates, the company’s Bitcoin stash is worth around $40 billion, representing 1.9% of the total Bitcoin supply.

Since adopting its Bitcoin-focused strategy in 2020, MicroStrategy has remained a prominent player in the crypto space. Its aggressive purchases and surge in share price have drawn significant attention.

MicroStrategy’s Stock Performance. (Source: Tradingview)

This year, the company’s stock has soared by more than 515% and briefly earned a spot among the top 100 US publicly traded firms by market capitalization. Despite Bitcoin’s own 2024 gains of 117%, MicroStrategy’s $87 billion market cap exceeds double the value of its Bitcoin assets.

Market analyst Ben Werkman pointed out that the company’s BTC-to-share ratio has continued to climb this year. He also noted that MicroStrategy has $11.3 billion remaining in its at-the-market (ATM) equity offering program, which could fund further purchases.

MicroStrategy Bitcoin Metrics (Source: X/Werkman)

Meanwhile, MicroStrategy’s updated metrics include BTC per fully diluted share at 0.00148792 and BTC per outstanding share at 0.00171671, underscoring the company’s strategic execution.

The post MicroStrategy’s Bitcoin holdings surpass 400,000 BTC after latest $1.5 billion buy appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 96702.69 (+0.03%)
Объем 24H $68.911b
Изменеия 24h: 1.41 %, 7d: 3.49 %
Cегодня L: $95604.18 - H: $96702.69
Капитализация $1914.26b Rank 1
Цена в час новости $ 95631.53 (1.12%)

bitcoin billion microstrategy btc holdings fourth consecutive

Источник: cryptoslate.com

bitcoin billion → Результатов: 126


Фото:

US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch

BlackRock’s IBIT attracted the most at over $600 million followed by Fidelity’s FBTC with $301 million The 12 spot Bitcoin ETFs have brought in a combined $30.35 billion since launching in January US spot Bitcoin exchange-traded funds (ETFs) took in $1 billion in daily total net inflows yesterday as Bitcoin inched closer to the $100k […] The post US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch appeared first on CoinJournal.

2024-11-22 19:09


Bitcoin mining market cap eclipses $20 billion as industry continues growing amid challenges

Quick Take The Bitcoin mining industry has reached a significant milestone, surpassing a market capitalization of $20 billion, now standing at $20. 6 billion, according to Farside data. This milestone emphasizes the growing significance of public miners within the Bitcoin ecosystem, contributing approximately 28% of the global hash rate.

2024-4-5 22:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Coinbase policy executive predicts fast crypto regulation under Trump

Coinbase chief policy officer Faryar Shirzad anticipates a rapid push for comprehensive crypto regulation once President-elect Donald Trump begins his new term, CNBC reported on Dec. 2. Shirzad expressed confidence that legislative efforts to regulate the crypto industry will progress “fairly quickly” through Congress under Trump’s leadership.