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MicroStrategy Breaks Barriers: First-Ever Bitcoin Buy Above $100,000

Key Takeaways

  • MicroStrategy reportedly made its first Bitcoin purchase, averaging over $100K per BTC during the recent rally;
  • Michael Saylor hints at another Bitcoin buy, adding to MicroStrategy’s 423,650 BTC stash, valued at $43.6 billion;
  • Bitcoin's new peak of $106,554 fuels Saylor's bullish stance, with ambitions to buy even at $1 million per coin.
MicroStrategy Breaks Barriers: First-Ever Bitcoin Buy Above $100,000

MicroStrategy, led by Michael Saylor, appears to have made yet another Bitcoin BTC $94,329.58 purchase at an average price exceeding $100,000.

If the streak continues, the firm's latest acquisition would be its first at six-figure prices per Bitcoin.

In previous weeks, MicroStrategy confirmed purchases at average prices of $97,862, $95,976, and $98,783 between late November and early December, according to SaylorTracker records.

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On December 15, Saylor posted on X, questioning whether the Bitcoin portfolio tracker, SaylorTracker, might be "missing a green dot", a phrase synonymous with MicroStrategy’s new Bitcoin purchases.

The timing of this purchase aligns with Bitcoin’s recent rally to a new peak of $106,554, achieved on December 14. Saylor has previously stated his belief that Bitcoin's value will continue climbing, even asserting that he is prepared to buy at $1 million per coin.

As of December 15, MicroStrategy's Bitcoin holdings stand at 423,650 BTC, valued at over $43.6 billion. If the company continues its current pace, its portfolio could soon surpass $50 billion.

MicroStrategy’s latest Bitcoin purchase marks a historic milestone, but the company’s ambitions don’t stop there. Recently, Michael Saylor made a pitch to Microsoft to invest in Bitcoin. What did Saylor say in his proposal? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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