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MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has once again increased its Bitcoin holdings. The company announced the purchase of an additional 11,000 BTC for $1.1 billion, acquiring each Bitcoin at an average price of $101,191.
Key Highlights:
Total Bitcoin Holdings: MicroStrategy now owns 461,000 BTC, solidifying its position as the largest corporate holder of Bitcoin.
Total Investment: The company has spent approximately $29.3 billion on Bitcoin acquisitions, with an average cost of $63,610 per BTC.
This latest acquisition reinforces MicroStrategy’s aggressive Bitcoin strategy, positioning the company as a leading institutional investor in digital assets. Under Saylor’s leadership, MicroStrategy continues to advocate for Bitcoin as a long-term store of value, despite market volatility.
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