MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.
Corporate Bitcoin investor MicroStrategy continued aggressive Bitcoin (BTC) buying last week in line with the founder’s pledge to keep accumulating the asset at peak prices.
MicroStrategy acquired 5,262 BTC in the period between Dec.16-Dec. 22, pouring roughly $561 million into the asset, the firm officially announced on Dec. 23.
In its latest Bitcoin purchase, MicroStrategy bought the cryptocurrency at an average price of roughly $106,662, the highest cost the firm has ever paid per BTC.
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Author: Helen Partz
