MicroStrategy has announced the acquisition of an additional $100 million in Bitcoin, bringing its total holdings to 846,842 BTC. This purchase aligns with the company's ongoing strategy to increase its Bitcoin reserves.
The latest acquisition involved 1,587 BTC, purchased at an average price of approximately $63,000 per Bitcoin. MicroStrategy continues to be one of the largest corporate holders of Bitcoin, under the leadership of CEO Michael Saylor.
The company's strategy to accumulate Bitcoin is seen as a long-term investment approach, reflecting its belief in the cryptocurrency's potential as a store of value.
Key facts
- MicroStrategy purchased 1,587 BTC for $100 million.
- Total Bitcoin holdings now stand at 846,842 BTC.
- Average purchase price was around $63,000 per Bitcoin.
Sources
About Leonard Kravets
cryptocurrency journalist and market analyst focused on the intersection of blockchain, culture, and real-world adoption. Known for his clear, data-driven writing style, he covers emerging altcoins, DeFi trends, and the risks behind hype-driven projects. With a strong emphasis on education, transparency, and spotting potential scams before they spread.
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