MicroStrategy Buys 18,300 Bitcoins for About $1.11 Billion in Cash
On September 13, MicroStrategy founder Michael Saylor said in a social media post that MicroStrategy bought 18,300 bitcoins for about $1.11 billion in cash at an average price of about $60,408 USD.
MicroStrategy's quarter-to-date (QTD) bitcoin yield is 4.4% and year-to-date (YTD) yield is 17.0%. As of September 12, 2024, 244,800 bitcoins were held with a total purchase cost of approximately $9.45 billion and an average price of approximately $38,585 USD.
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