MicroStrategy acquires 27,200 BTC

Recently, when digital gold reached new record levels, MicroStrategy acquired 27,200 BTC for approximately $2.03 billion in cash. The assets were purchased between October 31 and November 10 at an average price of $74,463 per coin, including fees and other expenses.

After this purchase, the company owns 279,420 BTC, which at current market prices is nearly $23 billion.

Stock sales to finance investments

The BTC purchase was funded through proceeds from the issuance and sale of company shares.

MicroStrategy reported that it entered into stock sale agreements with various companies on August 1 and October 30, selling approximately 7.8 million shares totaling about $2 billion by November 10.

Indicator of company strategy performance

The return on BTC investments, a key performance indicator for MicroStrategy, was 7.3% from October 1 to November 10.

Over the past year, this figure was 26.4%. After Donald Trump’s confirmed victory in the U.S. presidential election on November 8, MicroStrategy's shares rose by 19.9%.

Meanwhile, the “Saylor Tracker” showed that as of November 10, the company's BTC investment return exceeded 100%, with assets already surpassing $20.5 billion even before the latest purchase.