MicroStrategy has acquired an additional 15,400 BTC, founder Michael Saylor announced.

MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR https://t.co/K3TK4msGp0
— Michael Saylor⚡️ (@saylor) December 2, 2024

According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the purchase amounted to approximately $1.5 billion at an average price of $95,976 per bitcoin.

Quarterly returns reached 38.7%, while the annual gain was 63.3%.

As of writing, MicroStrategy holds a total of 402,100 BTC, valued at approximately $23.4 billion ($58,263 per coin).

The funds for this acquisition came from the sale of 3.7 million company shares on the stock market.

MSTR is currently trading at $390 in pre-market activity, with a market capitalization of $87.05 billion.

In 2024, MicroStrategy’s stock price growth outpaced Bitcoin’s by a factor of five—650.2% versus 123.1%. The company also outperformed the S&P 500 index and Nvidia in growth rate.

Earlier this year, during a presentation to Microsoft’s board of directors, Saylor outlined a Bitcoin strategy designed to add $5 trillion to the tech giant’s market capitalization.