Business intelligence firm MicroStrategy has ramped up its Bitcoin (BTC) investment following President-elect Donald Trump\u2019s victory in the presidential election. This pivotal moment on November 5 has provided a catalyst for the broader crypto market, further encouraging investment in digital assets.<\/p>\n
Led by Bitcoin advocate Michael Saylor, MicroStrategy disclosed on Monday that it has acquired approximately 51,780 Bitcoin for around $4.6 billion. This acquisition marks the largest purchase<\/a> by the company since it began its Bitcoin buying strategy more than four years ago.\u00a0<\/p>\n According to a filing <\/a>with the US Securities and Exchange Commission, the tokens were purchased between November 11 and November 17. With this latest acquisition, MicroStrategy\u2019s total Bitcoin holdings now exceed $29 billion or 331,200 BTC.<\/p>\n Saylor\u2019s journey into Bitcoin began in 2020 as a strategy <\/a>to hedge against inflation. Initially funded through cash reserves, the company has since pivoted to using proceeds from stock issuances and convertible debt sales to enhance its purchasing power in the cryptocurrency market.\u00a0<\/p>\n Michael Saylor has also reaffirmed <\/a>his commitment to this strategy. He aims to raise $42 billion over the next three years to further strengthen the company\u2019s BTC portfolio and transform Microstrategy into a leading crypto bank.\u00a0<\/p>\n Recent data <\/a>from South Korea-based crypto analytics firm CryptoQuant highlights the impact of MicroStrategy\u2019s latest purchase on its Bitcoin statistics:<\/p>\n BTC Holdings: Increased from 279,420 BTC to 331,200 BTC This latest transaction follows closely on the heels of another significant acquisition on November 11<\/a>, during which Saylor noted that the company\u2019s treasury operations had yielded an 7.3% in Bitcoin, translating to a net benefit of approximately 18,410 BTC for shareholders.<\/p>\n However, with Monday\u2019s announcement and the notable uptrend in the Bitcoin price over the past two weeks, Saylor revealed <\/a>that these metrics have risen to a BTC yield of 20.4% and a net benefit to shareholders of 51,470 BTC.\u00a0<\/p>\nBTC Yield Rises To 20.4% Amid Market Optimism<\/h2>\n
\nMSTR Realized Price: Rose from $42,692 to $49,874
\nMSTR Market Value to Realized Value (MVRV): Adjusted from 2.12 to 1.80
\nPercentage of BTC Owned by MicroStrategy: Increased from 1.412% to 1.674%<\/p>\n