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MicroStrategy has increased its crypto portfolio at a record high

7:01 pm, December 3, 2024

Despite the correction in the price of bitcoin BTC $101,284.21 Bitcoin -4.92% Market capitalization $2.01 trillion VOL. 24 hours $4.42 billion , MicroStrategy, the largest corporate owner of BTC, has again made significant investments in bitcoin. During the opening of the market in the United States, MicroStrategy’s chairman and founder, Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, announced that the company had acquired another 15,400 BTC worth $ 1.5 billion.

Saylor said that the company purchased these bitcoins at an average price of $ 95,976 per unit. With bitcoin up 38.7% for the current quarter and 63.3% for the year, MicroStrategy’s strategy continues to generate significant returns.

With the new acquisitions, the total amount of bitcoins owned by MicroStrategy has reached 402,100 BTC, which the company has acquired over four years for $ 23.4 billion at an average price of $ 58.263 per unit.

It is noted that such acquisitions not only strengthen the company’s position as one of the largest holders of BTC, but also inspire other companies to introduce bitcoin into their assets.

In particular, in November, Semler Scientific acquired BTC for $ 30 million, and AI company Genius Group — for $ 120 million.

This trend indicates potential opportunities to buy bitcoin before it is too late.

At the moment, BTC seems to be stabilized in a narrow range after a significant rise caused by the results of the US presidential election.

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