TechFlow news — On September 20, Michael Saylor, Founder and Executive Chairman of MicroStrategy, announced on X that MicroStrategy has acquired an additional 7,420 bitcoins for approximately $458.2 million at an average purchase price of $61,750 per bitcoin. This brings the company's year-to-date bitcoin yield to 17.8% and quarter-to-date yield to 5.1%. As of September 19, 2024, the company’s total bitcoin holdings have reached 252,220 bitcoins, with a cumulative investment of approximately $9.9 billion and an average holding cost of $39,266 per bitcoin.
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