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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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MicroStrategy announced the purchase of 1,070 bitcoins, spending $101 million; KULR bought 213 bitcoins.
On 1/6, MicroStrategy announced that it acquired 1,070 BTC at a price of approximately $101 million, equivalent to about $94,004 per BTC. The company achieved a BTC yield of 48.0% in Q4 2024 and a total yield of 74.3% for the fiscal year 2024. As of January 5, 2025, MicroStrategy holds 447,470 BTC, with an acquisition cost of approximately $27.97 billion, equivalent to about $62,503 per BTC.
KULR also announced spending 2100 million euros to buy BTC
Another new battery energy company KULR Technology Group, which has joined BTC, also announced on the same day the acquisition of BTC, spending 21 million US dollars, with an average cost of 98,246, buying 213.43 BTC, currently holding 430.61 BTC.
(KULR joins MicroStrategy to implement BTC financial strategy, and the stock price has skyrocketed nearly 5 times in a month)
This article MicroStrategy buys 1070 BTC for $101 million; KULR buys 213 BTC first appeared on ChainNews ABMedia.