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17 Comments
>MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin
And somehow he managed to buy it at 106k. He has no care about price. Just buy more
he is the GOAT
This guy will be the reason for the next big blowup… And lots of idiots cheering for him…
SaylorMoon just can’t stop
Does MSTR buy OTC or from exchanges or both?
I only know that I will DCA into Bitcoin until the day I die – Michael Saylor but also me.
![gif](giphy|mSHy1uJ2xhDBqZ9Sx6)
tldr; MicroStrategy, led by Michael Saylor, has purchased an additional 5,262 Bitcoin for $561 million, continuing its aggressive acquisition strategy. This marks the company’s third Bitcoin purchase in December, totaling $1.5 billion. Despite rumors of a potential pause in January due to its recent inclusion in the NASDAQ-100, MicroStrategy remains one of the largest Bitcoin holders. The firm’s actions have generated high yields but also raised concerns about Bitcoin’s decentralization and the impact on MicroStrategy’s stock performance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Merry Xmas to all you bitcoin holders.
What is Saylor’s long game here. Is he waiting for governments to form a reserve and then dump?
MicroStrategy’s recent purchase of 5,262 Bitcoin for $561 million has brought its total holdings to over 444,000 BTC, marking a significant investment strategy just before the end of the year. This ongoing accumulation highlights the company’s aggressive approach to leveraging Bitcoin as a primary asset, especially as it incurred the highest average cost per Bitcoin in its history at approximately $106,662.
* [MicroStrategy Buys More Bitcoin for Seventh Consecutive Week](https://www.bnnbloomberg.ca/investing/2024/12/23/microstrategy-buys-more-bitcoin-for-seventh-consecutive-week/)
* [MicroStrategy Adds 15,400 Bitcoin to Corporate Treasury in December …](https://blockonomi.com/microstrategy-adds-15400-bitcoin-to-corporate-treasury-in-december-purchase/)
* [MicroStrategy Acquires 15,400 BTC and achieves BTC Yield of 38.7% QTD …](https://www.microstrategy.com/press/microstrategy-acquires-15400-btc-achieves-btc-yield-38-qtd-and-63-ytd-now-holds-402100-btc_12-02-2024)
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So much for decentralization
based af
lmao, instant 13% loss
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Ah so thats why it dipped.
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