Crypto:
32825
Bitcoin:
$106.850
% 0.81
BTC Dominance:
%56.2
% 0.32
Market Cap:
$3.73 T
% 2.19
Fear & Greed:
83 / 100
Bitcoin:
$ 106.850
BTC Dominance:
% 56.2
Market Cap:
$3.73 T

MicroStrategy Increases Bitcoin Holdings with $1.5 Billion Purchase

Microstrategy

Under the leadership of CEO Michael Saylor, MicroStrategy continues to aggressively expand its Bitcoin investments. The company has purchased 15,350 Bitcoin for approximately $1.5 billion, bringing its total Bitcoin holdings to an impressive 439,000 BTC. This new acquisition pushes the value of MicroStrategy’s Bitcoin portfolio to about $14.7 billion, further cementing its position as a major player in the cryptocurrency market.

Saylor, a staunch believer in Bitcoin as digital gold, has reiterated his long-term bullish outlook on the cryptocurrency. The recent purchase reflects his commitment to the asset, with Bitcoin being acquired at an estimated average price of around $98,000 per Bitcoin, slightly higher than their previous acquisitions, which were made around $97,000 each. Despite fluctuations in Bitcoin prices, MicroStrategy’s strategy remains steadfast, signaling confidence in the asset’s future value.


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