According to a Dec. 30 filing with the U.S. Securities and Exchange Commission, software developer MicroStrategy purchased approximately 2138 BTC worth nearly $209 million between Dec. 23 and Dec. 29, 2024.
Representatives of the organization, chaired by Michael Saylor, clarified that the money to replenish its Bitcoin -reserve it received from the sale of 592,987 shares. Recall that in late October 2024, MicroStrategy entered into a share sale agreement with TD Securities, Barclays Capital Inc., The Benchmark Company, Canaccord Genuity and Cantor Fitzgerald to raise $21 billion to buy more of the flagship cryptocurrency.
MicroStrategy currently holds approximately 446 BTC, which has been spent at around $400 billion. The average price per coin was $27,9, including fees. Thanks to regular investments in Bitcoin The company's cryptocurrency reserves yield reached 47,8% for the quarter and 74,1% for the year.
Despite such impressive returns from Bitcoin, which would seem to fully demonstrate the success of Michael Saylor's strategy, MicroStrategy shares have fallen by more than 19% over the past month. Flagship kriptovalyuta over the same period it lost about 5%.
