MicroStrategy has announced the acquisition of approximately 15,400 bitcoins for $1.5 billion, at an average price of $95,976 per bitcoin, including fees.
As of December 1, 2024, the company’s total bitcoin holdings stand at 402,100 BTC, purchased at an aggregate cost of $23.4 billion, with an average price of $58,263 per bitcoin.
This purchase, completed between November 25 and December 1, 2024, was funded by proceeds from the sale of 3.7 million Class A common shares, generating $1.48 billion. The sale is part of a $21 billion Sales Agreement with TD Securities (USA) LLC and other agents.
The Sales Agreement, launched on October 30, 2024, in partnership with TD Securities (USA) LLC and other sales agents, has enabled share sales, leaving approximately $11.3 billion in shares available for future issuance.
In November, MicroStrategy has made its largest Bitcoin purchase, acquiring 55,500 BTC for $5.4 billion 4 at an average price of $97,862 per bitcoin.
MicroStrategy’s bitcoin strategy continues to leverage equity sales to expand its holdings, reflecting its strong commitment to cryptocurrency investment. The company has achieved a quarterly bitcoin yield (QTD) of 38.7% and a year-to-date yield (YTD) of 63.3%.
