MicroStrategy's regular purchases of Bitcoin have exceeded the highest levels during the 2021 bull run, and BTC purchases in November and December have also increased compared to earlier in 2024.
According to the Saylortracker page, MicroStrategy purchased 27,200 BTC on November 10, 2024, at an average price of about $74,000. MicroStrategy bought another 51,780 BTC on November 17, and then bought 55,500 BTC on November 24 at an average price of about $97,000, which is its largest single BTC purchase ever.
During the 2020-2021 bull run, MicroStrategy’s largest purchase was an increase of 29,646 BTC on December 21, 2020, when the BTC price was around $21,000.
MicroStrategy will join the Nasdaq 100 index on December 23, 2024, after which stock investors can gain exposure to Bitcoin, including holders of the Invesco QQQ Trust (QQQ), an ETF with an AUM of approximately $322 billion. (Cointelegraph)