MicroStrategy's Bitcoin Purchase Volume Exceeds 2021 Bull Market Record

MicroStrategy continues to make regular Bitcoin purchases, surpassing the largest purchase it recorded during the 2021 bull market.
On the 22nd (local time), it was reported that MicroStrategy's Bitcoin purchases in November and December of this year exceeded the amount it purchased earlier this year.
Co-founder Michael Saylor said the company currently holds 439,000 bitcoins, worth about $270 billion.
According to its Saylortracker page, MicroStrategy plans to sell 27,200 Bitcoins at a cost of approximately 74,000 per Bitcoin on November 10, 2024.
He then purchased an additional 51,780 Bitcoins on November 17, and a total of 55,500 Bitcoins on November 24 at approximately $97,000 each.
During the 2020-2021 bull market, MicroStrategy's largest purchase was 29,646 BTC on December 21, 2020.
At the time, the Bitcoin price was about $21,000. MicroStrategy's Bitcoin treasury strategy inspired other companies, and many traders saw it as a way to buy Bitcoin.
This has had the effect of directing capital and liquidity from institutional investors in the stock market into the Bitcoin market.