MicroStrategy’s Shocking Move: $2 Billion for 27,200 More BTC as Profits Skyrocket to $11 Billion

TL;DR MicroStrategy acquired 27,200 bitcoins for $2.03 billion, bringing the total to 279,420 BTC. The purchase was made at an average price of $74,463 per bitcoin, with a bitcoin yield of 26.4% in 2024. The acquisition was partially financed through the issuance of shares under at-the-market agreements . MicroStrategy, known for being one of the ... source: https://crypto-economy.com/microstrategys-shocking-move-2-billion-for-27200-more-btc-as-profits-skyrocket-to-11-billion/