
Key Takeaways:
- MicroStrategy may have purchased Bitcoin at an average price exceeding $100,000, hinting at its largest buy amid Bitcoin’s record high of $106,554.
- With 423,650 Bitcoin holdings valued at $43.6 billion, MicroStrategy is nearing its $50 billion portfolio goal, as its stock soars 496.4% year-to-date.
- Michael Saylor remains committed to Bitcoin, envisioning acquisitions even at $1 million per Bitcoin, while MicroStrategy secures a spot in the Nasdaq-100.
MicroStrategy, led by Michael Saylor, may have made its first Bitcoin purchase at an average price exceeding $100,000.
On Dec. 15, Saylor hinted at the acquisition with a cryptic post on X, following his pattern of suggesting Bitcoin buys before official confirmations.
Is https://t.co/Bx3917zMqi missing a green dot? pic.twitter.com/B3Zzd6M1uV
— Michael Saylor⚡️ (@saylor) December 15, 2024
Bitcoin’s price surpassed six figures on Dec. 13, and if confirmed, this purchase would align with MicroStrategy’s recent buys averaging around $97,000-$99,000 per Bitcoin.
The company now holds 423,650 Bitcoins, worth over $43.6 billion, as it edges toward its $50 billion target.
Bitcoin also hit a record high of $106,554, reinforcing MicroStrategy’s bullish strategy.
Saylor has affirmed the company’s intent to continue accumulating, envisioning acquisitions even if Bitcoin reaches $1 million.
MicroStrategy’s aggressive Bitcoin strategy has significantly boosted its stock performance, surging 496.4% year-to-date.
The rise has earned the firm a place in the Nasdaq-100 index, highlighting its remarkable turnaround and reinforcing its leadership in corporate Bitcoin adoption.
Saylor remains steadfast in his commitment to Bitcoin’s long-term potential, driving both portfolio and stock value growth.