MicroStrategy Expands Bitcoin Holdings by $458 Million

MicroStrategy's Latest Bitcoin Acquisition

MicroStrategy, a business intelligence firm, has further solidified its position as a leading corporate holder of Bitcoin, acquiring an additional 7,420 Bitcoin for approximately $458.2 million. This recent purchase elevates the company's total Bitcoin holdings to 252,220 BTC, with the average purchase price being $39,266 per coin. The current valuation of MicroStrategy's Bitcoin stash stands at $15.9 billion, showcasing the company's strong commitment to this digital asset.