Michael Saylor’s MicroStrategy has once again made headlines with a major Bitcoin purchase. The company added 18,300 bitcoins to its growing stash, investing about $1.1 billion at an average price of $60,408 per coin. This latest move brings MicroStrategy’s total holdings to 244,800 BTC, valued at roughly $14 billion at current prices.
MicroStrategy, which began as a business software firm, now calls itself a Bitcoin development company. Since it first started buying Bitcoin in 2020, the company has stuck to its strategy of accumulating the digital asset, making it the largest Bitcoin holder among publicly-listed companies, according to BitcoinTreasuries data.
With the latest purchase, MicroStrategy’s total investment in Bitcoin now stands at $9.45 billion, averaging $38,585 per bitcoin. The current market price just shy of $58,000 means the company’s Bitcoin holdings are significantly above their initial cost.
https://twitter.com/PeterMcCormack/status/1834641046916956326
Saylor, a known Bitcoin advocate, shared that MicroStrategy’s BTC yield—an internal metric developed by the company—is 4.4% for the current quarter and 17% year-to-date. This BTC yield helps MicroStrategy gauge the performance of its Bitcoin holdings over time by comparing the percentage change between its Bitcoin stash and its assumed diluted shares.
We continue to watch MicroStrategy’s moves, and it’s clear Saylor and his team are convinced Bitcoin is here to stay. For those keeping an eye on the market, their strategy reinforces the idea that Bitcoin isn’t just a digital asset—it can become a foundational part of a modern company’s financial strategy
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