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Bitcoin
Bitcoin (BTC)
$115,693.00 -0.65231
Bitcoin price
Ethereum
Ethereum (ETH)
$4,493.08 0.44573
Ethereum price
BNB
BNB (BNB)
$955.68 0.3382
BNB price
Solana
Solana (SOL)
$235.16 -1.04597
Solana price
XRP
XRP (XRP)
$3.02 -0.80696
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 -1.45192
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 0.01468
Pepe price
Bonk
Bonk (BONK)
$0.0000241 0.00493
Bonk price
dogwifhat
dogwifhat (WIF)
$0.919956 -0.47218
dogwifhat price
Popcat
Popcat (POPCAT)
$0.270798 -0.49426
Popcat price
Bitcoin
Bitcoin (BTC)
$115,693.00 -0.65231
Bitcoin price
Ethereum
Ethereum (ETH)
$4,493.08 0.44573
Ethereum price
BNB
BNB (BNB)
$955.68 0.3382
BNB price
Solana
Solana (SOL)
$235.16 -1.04597
Solana price
XRP
XRP (XRP)
$3.02 -0.80696
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 -1.45192
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 0.01468
Pepe price
Bonk
Bonk (BONK)
$0.0000241 0.00493
Bonk price
dogwifhat
dogwifhat (WIF)
$0.919956 -0.47218
dogwifhat price
Popcat
Popcat (POPCAT)
$0.270798 -0.49426
Popcat price
Bitcoin
Bitcoin (BTC)
$115,693.00 -0.65231
Bitcoin price
Ethereum
Ethereum (ETH)
$4,493.08 0.44573
Ethereum price
BNB
BNB (BNB)
$955.68 0.3382
BNB price
Solana
Solana (SOL)
$235.16 -1.04597
Solana price
XRP
XRP (XRP)
$3.02 -0.80696
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 -1.45192
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 0.01468
Pepe price
Bonk
Bonk (BONK)
$0.0000241 0.00493
Bonk price
dogwifhat
dogwifhat (WIF)
$0.919956 -0.47218
dogwifhat price
Popcat
Popcat (POPCAT)
$0.270798 -0.49426
Popcat price

Saylor’s MicroStrategy added $2.1b in Bitcoin

Jayson Derrick
Edited by
News
Saylor’s MicroStrategy added $2.1b in Bitcoin

MicroStrategy acquired an additional 21,550 Bitcoin for approximately $2.1 billion in cash between Dec. 2 and Dec. 8, executive chairman Michael Saylor confirmed.

This latest purchase increased MicroStrategy’s total Bitcoin (BTC) holdings to 423,650 tokens, valued at roughly $41 billion. The acquisition marks the company’s fifth consecutive weekly buy, as reported by Dec. 9

According to Saylor, MicroStrategy has spent an estimated $25.6 billion on BTC at an average price of $60,324 per coin. Bitwise Europe data indicates that the company’s Bitcoin purchases have accelerated significantly in 2024.

Saylor’s aggressive Bitcoin strategy, initiated in 2020, has generated around $16 billion in unrealized profits, with BTC trading above $98,900 as of Dec. 9

This $2.1 billion injection was a fraction of Saylor’s larger plan to scoop $42 billion worth of Bitcoin. MicroStrategy’s founder intends to execute this roadmap by 2027/2028. Riding on a multi-year BTC corporate euphoria, Saylor pushed other giants to adopt the Bitcoin standard. He pitched BTC to the Board of Directors at Microsoft, a $3 trillion heavyweight.

Crypto-native founders like Coinbase CEO Brian Armstrong and former Binance Changpeng Zhao encouraged governments and other titans to acquire Bitcoin. Armstrong advised sovereign nations to flock toward the leading digital asset as an inflation hedge, while Zhao suggested Amazon add BTC to its balance sheet and payment methods amid shareholder requests.