MicroStrategy, a publicly-listed US-based company, has spent $94.2 million on its purchase of 1,914 Bitcoin during the month of December. According to Bitcoin Treasuries, the company now holds 124,391 BTC, worth $5.8 billion at current market rates.
Key takeaways:
- According to the SEC filing published on Thursday, MicroStrategy has spent an average of $49,229 per Bitcoin it obtained during December.
- MicroStrategy’s stash of more than 124K BTC is by far the largest stockpile of the world’s largest crypto by any of the publicly traded companies. Electric vehicle manufacturer Tesla is the second-largest holder, with 43,200 BTC.
- In the documents filed with the Securities and Exchange Commission (SEC) MicroStrategy disclosed it spent a total of $3.75 billion on Bitcoin, at “an average purchase price of approximately $30,159 per BTC.”
- During the Investor Day 2021 event held in December, MicroStrategy CEO Michael Saylor hinted that the company is looking to produce “yield” from its massive BTC stash, and might consider lending a part of its digital portfolio in the future.
- Given the reported average purchase price of BTC, MicroStrategy is currently up more than $2 billion on its BTC investments, which represents a nearly 56% ROI.
- The interactive chart of MicroStrategy BTC holdings made by The Block shows the average BTC purchase price and the total number of coins the company holds.
