MicroStrategy Buys Another $561 Million
Worth of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Before
Christmas
MicroStrategy Chairman Michael Saylor announced today that his firm purchased
another 5,262 Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin. This buy cost $561 million and continues his plan of
steady BTC acquisition.
However, since the firm was added to the NASDAQ-100, rumors are circulating
that the company may pause these purchases in January.
Saylor Buys Even More Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
With the latest acquisition , this marks MicroStrategy s third Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
purchase in December alone. Just last week, the firm purchased $1.5 billion
worth of BTC at an average price of $100,386. Under Saylor s direction,
the firm has become one of the world s largest Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holders and
hasn t shown signs of stopping.
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MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per
bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of
12/22/2024, we hold 444,262 BTC acquired for ~$27.7 billion at ~$62,257 per
bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin, Saylor claimed.
Since the generalized crypto bull run in November, Saylor has clearly signaled
an intention to buy huge amounts of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin . So far, the asset s price
has been skyrocketing , generating high yields. Recently, he also teased a
large BTC buy to mark MicroStrategy s inclusion in the NASDAQ-100.
Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) Price Performance. Source: BeInCrypto
However, rumors are circulating that MicroStrategy may enact a possible pause
to these BTC purchases starting in January. Since the company was added to the
NASDAQ-100 and its quarterly earnings reports are coming up• Музыка » Музыкальные произведения » Музыкальный альбом » Альбомы Suede » Coming Up early next year,
Saylor may implement a self-imposed blackout period that would preclude any
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin purchases.
The company s recent actions have generated high yields, but they may
present a double-edged sword for itself and the broader market . There are
considerable concerns that Saylor materially contributed to
de-decentralization in the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin economy, and his firm has
also outpaced Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s intense growth rates.
So, BTC s volatility could have an outsized impact on MSTR s stock
market performance. In the past week alone, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has dropped nearly 12%,
and MSTR s stock price is also down by over 15%. MSTR Stock Price Weekly
Chart. Source: Google Finance
For now, however, this pattern of BTC buying appears stable. Regardless of
whether or not Saylor will enact the rumored pause in January, further
high-profile buys in the last week of December are still plausible.
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