MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000

MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000
фото показано с : cryptoslate.com

2024-12-31 19:00

Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition.

According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.

Similarly, the company shares are down 4% at pre-market trading to $330, according to Google Finance data.

MicroStrategy’s Bitcoin acquisition

On Dec. 30, MicroStrategy Chairman Michael Saylor revealed that the company purchased 2,138 BTC for $209 million.

This marks the firm’s smallest acquisition in the last eight weeks, a period during which it accumulated approximately 195,000 BTC at a total cost of $18 billion.

MicroStrategy’s Bitcoin Purchases (Source: Bitcoin Treasuries)

The company has primarily funded these acquisitions using its at-the-market (ATM) program, which raises funds through the issuance of shares or securities. As of Dec. 30, MicroStrategy still has about $6.8 billion worth of shares available for sale that could be used to fund future BTC purchases.

These aggressive Bitcoin acquisitions have increased MicroStrategy’s reserves to 446,400 BTC, making it the largest corporate holder of the top crypto. Based on current market prices, these holdings are worth approximately $41.8 billion.

Saylor emphasized the strong performance of the firm’s Bitcoin holdings, which have generated a quarter-to-date return of 47.8% and a year-to-date yield of 74.1%.

The post MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000 appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 69857.01 (-0.23%)
Объем 24H $44.627b
Изменеия 24h: -2.09 %, 7d: -0.98 %
Cегодня L: $69835.92 - H: $70687.36
Капитализация $1397.353b Rank 1
Цена в час новости $ 93855.09 (-25.57%)

btc bitcoin microstrategy acquisition drop dragged firm

btc bitcoin → Результатов: 126


Фото:

Bitcoin Holds $88K as Whales Accumulate, But Long-Term Investors Are Moving Toward ZKP for Its Privacy-AI Breakout Potential

This week shows Bitcoin (BTC) stabilising near the $88,000 level after completing a key technical move by filling its lower CME futures gap. The recent pullback from the $98,000 region pushed BTC into the $88,000–$89,000 zone, where selling pressure has slowed, and price has begun to consolidate.

2026-1-26 20:00