MicroStrategy bought 7,420 bitcoins for about $458.2 million

BlockBeats reported that on September 20, MicroStrategy founder Michael Saylor posted on social media that MicroStrategy bought 7,420 bitcoins for approximately $458.2 million in cash, at an average price of approximately $61,750.

MicroStrategy's quarter-to-date (QTD) bitcoin yield was 5.1%, and its year-to-date (YTD) yield was 17.8%. As of September 19, 2024, it holds 252,220 bitcoins, with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.