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MicroStrategy acquired 55,500 bitcoins for approximately $5.4 billion between November 18 and 24

According to online reports, MicroStrategy(MSTR.O) purchased 55,500 bitcoins between November 18 and 24, 2024, with a total value of approximately US$5.4 billion, and an average price of US$97,862 per bitcoin. The purchase used funds from the issuance of convertible bonds and the sale of shares. As of November 24, MicroStrategy held a total of 386,700 bitcoins, with a total purchase cost of approximately US$21.9 billion, and an average cost of US$56,761 per bitcoin. The company said the quarterly return on Bitcoin holdings reached 35.2%, and the annual return reached 59.3%.

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