Michael Saylor, MicroStrategys BTC champion, has announced another massive bitcoin purchase from the company he co-founded, which is actually the first with the assets price above $100,000.

Interestingly, Peter Schiff was quick to intercept the announcement with another criticism against Saylor, his company, and BTC.

MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl

As Saylors post reads, the NASDAQ-listed giant spent roughly $1.5 billion to acquire 15,350 BTC at an average price of $103,386. The firms total stash has grown to 439,000 BTC, valued at well above $44 billion at current prices, while it spent $27.1 billion to acquire it.

MicroStrategys BTC yield has grown to 46.4% in the past quarter alone, with the number standing above 72% for the entire year.

Thus, the company has continued a recent tradition that started several weeks ago: announcing massive purchases worth over $1 billion on Monday.

Another thing that didnt change this week is the vocal criticism of well-known bitcoin hater Peter Schiff. The gold bug commented under Saylors post that BTCs price will plunge once the firm stops buying.

Just as I suspected. Imagine how much lower the Bitcoin price will fall when you stop buying. Then imagine how much lower it will go when creditors force you to sell.