MicroStrategy recently acquired 10,645 Bitcoin for $980.3 million, with an average purchase price of $92,098. This move has increased their year-to-date BTC yield to 24.9%, showcasing the appreciation of Bitcoin on their capital investment. As of December 14, the company now holds a total of 671,268 BTC, purchased for $50.33 billion at an average price of $74,972 per coin. The funding for these acquisitions came from at-the-market equity sales and preferred stock like STRD. CEO Michael Saylor’s strategic decisions have positioned MicroStrategy as the largest corporate holder of Bitcoin, allowing them to benefit from price rallies exceeding $90,000.
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