MicroStrategy's November BTC purchases generate 38.7% ROI
December 04, 2024, 1:15 PM
Michael Saylor, founder of MicroStrategy, revealed on X that MicroStrategy raised $13.5 billion in November to acquire 149,880 BTC at an average price of $90,231, achieving a 38.7% yield. The company provided shareholders with a net benefit equivalent to 97,500 BTC, or approximately 3,250 BTC daily, translating to $9.4 billion monthly or $312 million daily at a BTC price of $96,000.
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