Bitcoin's upward momentum shows no signs of stopping, after continuously reaching historical highs in recent days, it peaked around 7 AM today at $89,575, setting a new high again. Although it briefly fell below $87,000, it quickly recovered, currently reported at $89,340, a surge of 10.76% in the last 24 hours.
Ethereum also reached $3,388 around the same time, but the funds seem to have been absorbed by BTC, resulting in a reduced increase. At the time of writing, it is reported at $3,320, an increase of 3.45% in the last 24 hours.
MicroStrategy increases its holdings
Just last night, Michael Saylor, the founder of MicroStrategy, the leader in Bitcoin holdings among publicly traded companies in the U.S., posted on social media platform X that MicroStrategy purchased 27,200 Bitcoins for approximately $2.03 billion from October 31 to November 10, at an average price of $74,463.
At the same time, Michael Saylor also pointed out that MicroStrategy's Bitcoin holdings have achieved a yield of 7.3% for this quarter, and the yield for this year so far has reached 26.4%.
Bitcoin's upward momentum shows no signs of stopping, after continuously reaching historical highs in recent days, it peaked around 7 AM today at $89,575, setting a new high again. Although it briefly fell below $87,000, it quickly recovered, currently reported at $89,340, a surge of 10.76% in the last 24 hours.
Ethereum also reached $3,388 around the same time, but the funds seem to have been absorbed by BTC, resulting in a reduced increase. At the time of writing, it is reported at $3,320, an increase of 3.45% in the last 24 hours.
MicroStrategy increases its holdings
Just last night, Michael Saylor, the founder of MicroStrategy, the leader in Bitcoin holdings among publicly traded companies in the U.S., posted on social media platform X that MicroStrategy purchased 27,200 Bitcoins for approximately $2.03 billion from October 31 to November 10, at an average price of $74,463.
At the same time, Michael Saylor also pointed out that MicroStrategy's Bitcoin holdings have achieved a yield of 7.3% for this quarter, and the yield for this year so far has reached 26.4%.
MicroStrategy's stock price breaks $340
We know that due to MicroStrategy's almost crazy attitude of continuously increasing its Bitcoin holdings and claiming it will never sell, investors view its stock (MSTR) as a leveraged Bitcoin.
According to Google Finance data, as Bitcoin continues to rise, coupled with MicroStrategy's announcement of increasing its Bitcoin holdings, MicroStrategy's stock price surged 25.73% on the 11th, breaking $340, setting a new historical high for MicroStrategy's stock price.
MicroStrategy's Bitcoin holdings reach 279,420 coins
According to the latest data from bitcointreasuries, MicroStrategy's Bitcoin holdings have reached 279,420 coins, with a total cost of $11.929 billion, and the total value of the holdings has reached $24.834 billion, yielding over double.
MicroStrategy's stock price breaks $340
We know that due to MicroStrategy's almost crazy attitude of continuously increasing its Bitcoin holdings and claiming it will never sell, investors view its stock (MSTR) as a leveraged Bitcoin.
According to Google Finance data, as Bitcoin continues to rise, coupled with MicroStrategy's announcement of increasing its Bitcoin holdings, MicroStrategy's stock price surged 25.73% on the 11th, breaking $340, setting a new historical high for MicroStrategy's stock price.
MicroStrategy's Bitcoin holdings reach 279,420 coins
According to the latest data from bitcointreasuries, MicroStrategy's Bitcoin holdings have reached 279,420 coins, with a total cost of $11.929 billion, and the total value of the holdings has reached $24.834 billion, yielding over double.
