@petro99
MicroStrategy Bitcoin purchases surpass 2021 bull market levels
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion.
MicroStrategy's periodic Bitcoin purchases have surpassed the highest levels recorded during the 2021 bull market. The company's November and December BTC purchases are also increasing in size from earlier 2024 acquisitions.
According to the Saylortracker page, MicroStrategy purchased 27,200 BTC on Nov. 10, 2024, at approximately $74,000 per coin. MicroStrategy acquired another 51,780 BTC on Nov. 17, followed by its largest BTC buy on record of 55,500 BTC on Nov. 24 at roughly $97,000 per coin.
During the 2020-2021 bull run, MicroStrategy's biggest acquisition was 29,646 Bitcoin on Dec. 21, 2020, when Bitcoin traded around the $21,000 price level.
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