MicroStrategy Increases Its Bitcoin Holdings Significantly – BitRss

MicroStrategy continues to stand out as one of the largest institutional investors in the cryptocurrency market, specifically in Bitcoin (BTC) $94,923. The company recently announced the purchase of an additional 15,400 BTC, bringing its total holdings to 402,100 BTC. This acquisition was made at an average price of $95,976 per BTC, which leads to a total value of approximately $23.4 billion for MicroStrategy’s Bitcoin assets.

Increasing Bitcoin Assets with New Purchases

According to MicroStrategy’s announcement, the latest BTC acquisition cost around $1.5 billion. The company noted that the average purchase price for its portfolio stands at $58,263 per Bitcoin.