MicroStrategy  has added 15,400 BTC to its extensive cryptocurrency holdings, according to a December 2, 2024 filing with the U.S. Securities and Exchange Commission (SEC).

The acquisition, conducted between November 25 and December 1, involved an investment of approximately $1.5 billion, equating to an average purchase price of $95,976 per Bitcoin.

This transaction marks the continuation of an aggressive strategy aimed at maximizing the company’s Bitcoin reserves, supported by its equity and fixed-income issuance plans.

During the same acquisition period, MicroStrategy sold 3.7 million shares, raising a matching $1.5 billion. The firm has allocated an additional $11.3 billion in shares for potential sale under its broader $21 billion equity offering, alongside $21 billion in fixed-income securities.

As of December 2, 2024, MicroStrategy’s total Bitcoin holdings have reached 402,100 BTC, valued at over $38 billion at current market prices. These holdings, acquired at an average cost of $58,263 per Bitcoin, represent a cumulative investment of $23.4 billion, including associated fees and expenses.

The firm uses a proprietary metric, “Bitcoin Yield,” to measure the growth of its Bitcoin holdings relative to diluted shares. The year-to-date (YTD) Bitcoin Yield has reached 63.3%, underscoring its success in balancing share dilution with efficient Bitcoin acquisition. Quarter-to-date (QTD), the yield stands at 38.7%, reflecting robust growth over recent months.

This acquisition follows previous announcements, including a record-breaking purchase of 55,500 BTC the prior week for $5.4 billion and another acquisition of $4.6 billion in Bitcoin two weeks earlier. The rapid accumulation reinforces MicroStrategy’s position as a leading corporate Bitcoin holder.

MicroStrategy’s co-founder and executive chairman, Michael Saylor, remains a vocal advocate of Bitcoin as a treasury reserve asset, emphasizing its potential to enhance shareholder value. His influence extends beyond the company, with recent public advice to Microsoft’s leadership to consider Bitcoin as part of their corporate treasury strategy.

This move further consolidates MicroStrategy’s strategic positioning in the cryptocurrency space, showcasing its commitment to leveraging Bitcoin as a long-term store of value and financial growth instrument.