MicroStrategy spends $2.03 billion to buy 27,200 Bitcoins

PANews reported on November 11 that MicroStrategy announced that the company purchased 27,200 bitcoins between October 31 and November 10, spending approximately $2.03 billion, with an average purchase price of approximately $74,463 per bitcoin. Currently, MicroStrategy's total holdings have reached 279,420 bitcoins, with a total purchase cost of approximately $11.9 billion and an average price of approximately $42,692 per bitcoin. The funds for this purchase came from the $2.03 billion raised by the company through ATM stock sales activities.

MicroStrategy's Bitcoin year-to-date return (BTC Yield) is 26.4%, with a quarterly return of 7.3%.

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Author: PA一线

This content is for market information only and is not investment advice.

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