$BTC 🚀 Bitcoin ($BTC ) Continues to Dominate! 🚀 Bitcoin remains the king of crypto, with its price currently hovering around $102,385. 📈 As institutions like MicroStrategy keep accumulating, the narrative around BTC as digital gold is stronger than ever. With growing adoption, ETF approvals, and mainstream interest, could we see new all-time highs soon? 🔥 #Bitcoin #BTC #Crypto #HODL
MicroStrategy, under the leadership of Executive Chairman Michael Saylor, has solidified its position as the largest corporate holder of Bitcoin. As of December 22, 2024, the company holds 444,262 BTC, acquired at an average price of $62,257 per Bitcoin, totaling an investment of $27.7 billion.
This aggressive acquisition strategy reflects MicroStrategy's strong belief in Bitcoin's long-term value. The company's substantial holdings now represent approximately 2.11% of all Bitcoin in circulation.
In recognition of its financial standing and strategic focus, MicroStrategy is set to be included in the Nasdaq-100 index on December 23, 2024.
As of January 29, 2025, Bitcoin is trading at approximately $102,385, while MicroStrategy's stock (MSTR) is priced at $335.93.
The hashtag #MicroStrategyAcquiresBTC has gained traction on social media, highlighting the company's significant role in the cryptocurrency market.