MicroStrategy's 1,229 BTC purchase coincides with long-term holders halting selloff as ETH whales accumulate

MicroStrategy purchased 1,229 BTC for roughly $108.8 million at an average price of $88,568 per coin. That transaction brings the firm’s cumulative average purchase price across all holdings to about $74,997 per BTC. Earlier in December the firm bought 15,401 BTC (Dec 1–7) at an average of $92,965 and 13,048 BTC a week later at an average of $96,968; purchases slowed mid-month with no announcements from Dec. 15–21.
AI Analysis
MicroStrategy continued to acquire bitcoin (1,229 BTC for ~$108.8M at an $88,568 average), which signals ongoing institutional buying; the firm’s cumulative average purchase price is now ~$74,997. Past December buys (15,401 BTC at $92,965 and 13,048 BTC at $96,968) and a pause in mid-December are documented in the summary.