MicroStrategy announced in a post on Monday that it has acquired 27,200 Bitcoin for $2 billion, bringing its total BTC holdings to 279,420 BTC.
Michael Saylor announced that MicroStrategy has acquired 27,200 Bitcoin valued at $2 billion. The purchase comes amid the company's plans to raise $42 billion over the next three years. MicroStrategy now owns 279,420 Bitcoin purchased for $11.9 billion at an average price of $42,692 per BTC.
03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hodl 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR https://t.co/uCt8nNUVqd — Michael Saylor⚡️ November 11, 2024 The company previously stated that it planned to raise $42 billion over the next three years as part of its 21/21 plan. The capital, which will include $21 billion of equity and $21 billion of debt offerings, would be used to purchase more Bitcoin.
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