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MicroStrategy Makes Bold Move with $2.03 Billion Bitcoin Purchase, Exceeding Previous All-Time High Price

  • MicroStrategy, the business intelligence firm, has purchased $2.03 billion worth of Bitcoin, acquiring 27,200 BTC at a trade price of $74,463.
  • With this purchase, MicroStrategy now holds a total of 279,420 BTC, yielding a 7.3% return quarter-to-date (QTD) and 26.4% return year-to-date (YTD).
  • In the first 10 days of November, MicroStrategy achieved a Bitcoin yield of 7.3%, benefiting its shareholders by approximately 18,410 BTC.
  • The current trade price of Bitcoin is $84,003, showing a 5% increase in the last 24 hours and a 22% increase in the last 7 days.

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