BTC broke through 89,000 US dollars this morning and set a new historical high. MicroStrategy's founder, Michael Saylor, stated last night that the company purchased another 27,200 BTC with approximately 2.03 billion US dollars. The rise of BTC shows no sign of stopping, reaching a peak of around 89,575 US dollars this morning, setting a new high once again. Although it briefly dropped below 87,000 US dollars, it quickly rebounded and is currently trading at 89,340 US dollars, with a rise of 10.76% in the past 24 hours. Ether also reached 3,388 US dollars around the same time, but funds seem to be drawn towards BTC, resulting in a more moderate rise. MicroStrategy's BTC holdings have once again increased as the company acquired another 27,200 BTC for approximately 2.03 billion US dollars, with an average price of 74,463 US dollars. At the same time, Michael Saylor pointed out that MicroStrategy's BTC holdings have achieved a yield of 7.3% this quarter and a staggering 26.4% year-to-date. MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hodl 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR - Michael Saylor (@saylor) November 11, 2024 MicroStrategy's stock price broke through 340 US dollars. As we know, due to MicroStrategy's almost crazy continuous increase in BTC holdings and their claim to never sell, investors view their stock (MSTR) as leveraged BTC. According to Google Finance data, with BTC's continuous rise and MicroStrategy's announcement of further increasing BTC holdings, MicroStrategy's stock price rose by 25.73% on the 11th, breaking through 340 US dollars, setting a new historical high. MicroStrategy's BTC holdings have reached 279,420, with a total cost of 11.929 billion US dollars and a total value of 248.34 billion US dollars, more than doubling their profit. Related reports on MicroStrategy's BTC holdings: Bearish on BTC! CryptoQuant CEO warns of a year-end 'drop below 59,000 US dollars', predicts the price and gives away 0.1 BTC. BTCV breaks through $81,500 again, reaching a new high, while Ether approaches $3250, resulting in 'long and short double kills', with over 210,000 people getting liquidated. Standard Chartered: The probability of Trump including BTC in the US strategic reserves is slim, but it will be overturned after taking office. SAB121 encryption accounting law〈BTC rises by 10% to 'break through 89,000 US dollars' to set a new high! MicroStrategy invests another 2 billion US dollars to buy 27,000 BTC, causing the stock price to soar〉. This article was first published on BlockTempo, the most influential blockchain news media.
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BTC big pump 10% 'Breaking through $89,000' new high! MicroStrategy smashes another $200 million to buy 27,000 BTC, stock price soars
BTC broke through 89,000 US dollars this morning and set a new historical high. MicroStrategy's founder, Michael Saylor, stated last night that the company purchased another 27,200 BTC with approximately 2.03 billion US dollars. The rise of BTC shows no sign of stopping, reaching a peak of around 89,575 US dollars this morning, setting a new high once again. Although it briefly dropped below 87,000 US dollars, it quickly rebounded and is currently trading at 89,340 US dollars, with a rise of 10.76% in the past 24 hours. Ether also reached 3,388 US dollars around the same time, but funds seem to be drawn towards BTC, resulting in a more moderate rise. MicroStrategy's BTC holdings have once again increased as the company acquired another 27,200 BTC for approximately 2.03 billion US dollars, with an average price of 74,463 US dollars. At the same time, Michael Saylor pointed out that MicroStrategy's BTC holdings have achieved a yield of 7.3% this quarter and a staggering 26.4% year-to-date. MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hodl 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR - Michael Saylor (@saylor) November 11, 2024 MicroStrategy's stock price broke through 340 US dollars. As we know, due to MicroStrategy's almost crazy continuous increase in BTC holdings and their claim to never sell, investors view their stock (MSTR) as leveraged BTC. According to Google Finance data, with BTC's continuous rise and MicroStrategy's announcement of further increasing BTC holdings, MicroStrategy's stock price rose by 25.73% on the 11th, breaking through 340 US dollars, setting a new historical high. MicroStrategy's BTC holdings have reached 279,420, with a total cost of 11.929 billion US dollars and a total value of 248.34 billion US dollars, more than doubling their profit. Related reports on MicroStrategy's BTC holdings: Bearish on BTC! CryptoQuant CEO warns of a year-end 'drop below 59,000 US dollars', predicts the price and gives away 0.1 BTC. BTCV breaks through $81,500 again, reaching a new high, while Ether approaches $3250, resulting in 'long and short double kills', with over 210,000 people getting liquidated. Standard Chartered: The probability of Trump including BTC in the US strategic reserves is slim, but it will be overturned after taking office. SAB121 encryption accounting law〈BTC rises by 10% to 'break through 89,000 US dollars' to set a new high! MicroStrategy invests another 2 billion US dollars to buy 27,000 BTC, causing the stock price to soar〉. This article was first published on BlockTempo, the most influential blockchain news media.