As a levered bet on Bitcoin, which itself is one of the most volatile assets to ever exist, MicroStrategy (MSTR) shares are in the limelight these days, with investors and analysts alike honing in on the company’s ever-increasing BTC holdings, which then serve to precipitate a circular “tail wags the dog” effect on the price of the world’s preeminent cryptocurrency. MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl […]
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