Share this article
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
The company now holds 331,200 bitcoin acquired for roughly $16.5 billion and worth just shy of $30 billion.
Updated Nov 18, 2024, 1:27 p.m. Published Nov 18, 2024, 1:17 p.m.
Self-described Bitcoin Development Company MicroStategy (MSTR) added to its bitcoin stack, purchasing 51,780 tokens for $4.6 billion over the six days ended Sunday.
MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin. $MSTR https://t.co/SRRtRrB2jO
— Michael Saylor⚡️ (@saylor) November 18, 2024
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
With this latest purchase, the company — which began buying bitcoin in August 2020 — now holds 331,200 BTC acquired for about $16.5 billion. At the current price surrounding the $90,000 level, those holdings are worth just less than $30 billion.
To fund this latest purchase, MicroStrategy tapped its at-the-market share issuance program, selling roughly 13.6 million shares for $4.6 billion. The company has about another $15.3 billion of stock it can sell under the current program, according to a regulatory statement released Monday morning.
Over the weekend, Executive Chairman Michael Saylor took to X to tease this morning's purchase disclosure.
I think https://t.co/meaZhpFNq9 needs even more green dots. pic.twitter.com/Rs5hgrnbAm
— Michael Saylor⚡️ (@saylor) November 17, 2024
Just one week ago, the company announced it had purchased 27,200 bitcoin for $2 billion, thus putting buys over the past few weeks to about 72,000 BTC for $6.6 billion.
MSTR shares are down 1% premarket, but remain higher by nearly 400% year-to-date.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up
Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale.
What to know:
- Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS.
- PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding.
- BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities.
Top Stories
