As anticipation builds around Bitcoin hitting the psychologically critical $100,000 price level, MicroStrategy (MSTR) has emerged as one of the most potent near-term bullish influences on the cryptocurrency’s price trajectory, thanks to the firm’s relentless buying of Bitcoin. Today, MSTR has provided another bullish impetus by announcing its next batch of BTC purchases. MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR https://t.co/79ExzXk4UM — Michael Saylor⚡️ (@saylor) November 25, 2024 […]
Read full article at https://wccftech.com/bernstein-believes-microstrategy-mstr-could-eventually-acquire-4-percent-of-the-global-bitcoin-supply-up-from-the-current-1-7-percent-holding/
