Michael Saylor’s MicroStrategy has made its twelfth Bitcoin purchase in as many weeks. The company announced that it had acquired 10,107 BTC for $1.1 billion, bringing its total holdings to 471,107 BTC.
Michael Saylor’s MicroStrategy Acquires 10,107 BTC
In a press release, MicroStrategy announced that it had acquired 10,107 BTC for $1.1 billion at an average price of $105,596 per bitcoin and has achieved a BTC yield of 2.90% year-to-date (YTD).
The company holds 471,107 BTC, which it acquired for $30.4 billion at an average price of $64,511 per bitcoin. This recent purchase marks the company’s twelfth in as many weeks. Last week, the software company announced that it had acquired 11,000 BTC for $1.1 billion.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
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