The biggest publicly traded company holder of Bitcoin (BTC) simply added over 2,000 new tokens to its stash.
In keeping with MicroStrategy founder Michael Saylor, the software program improvement agency simply snagged 2,138 BTC value roughly $209 million.
“MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per Bitcoin and has achieved BTC yield of 47.8% QTD (quarter thus far) and 74.1% YTD (year-to-date). As of 12/29/2024, we hodl 446,400 BTC acquired for ~$27.9 billion at ~$62,428 per Bitcoin.”
Saylor included a hyperlink to the corporate’s SEC submitting accompanying the BTC acquisition.
Final week, MicroStrategy added three new seats to its board of administrators.
In a submitting with the U.S. Securities and Change Fee (SEC), the enterprise software program firm stated the variety of its board members has elevated to 9.
“On December 20, 2024, the Board of Administrators (the ‘Board’) of MicroStrategy Included (the ‘Firm’), upon suggestion from the Nominating Committee of the Board, expanded the scale of the Board from six to 9 members.”
The next day, experiences surfaced that MicroStrategy, together with governments and exchange-traded funds, owns practically one-third of all identified BTC holdings.
The 31% of identified BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% enhance from December 2023, in keeping with Ki Younger Ju, the founder and chief govt of the digital asset analytics agency CryptoQuant.
The flagship digital asset is buying and selling for $93,817 at time of writing, a 1.5% lower on the day.
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