Yigit Taha OZTURK 
MicroStrategy, one of the largest publicly traded Bitcoin investors in the world, has announced the acquisition of $1.1 billion worth of Bitcoin. This marks the company’s 11th consecutive weekly Bitcoin purchase, creating significant buzz in the market.
MicroStrategy’s Bitcoin Reserve Grows
With this latest purchase, MicroStrategy’s total Bitcoin holdings have reached 461,000 BTC. At current prices, the total value of this reserve is approximately $48 billion.
The company’s latest acquisition was made at an average price of $101,191 per Bitcoin. This marks the second time MicroStrategy has made a purchase at an average price exceeding $100,000 per BTC. The company’s overall average acquisition price has now climbed to $63,610.
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MicroStrategy’s aggressive Bitcoin purchases clearly underscore the company’s view of Bitcoin as a strategic reserve asset. This approach is not only driving institutional interest in Bitcoin but also contributing to market volatility.
MicroStrategy CEO Michael Saylor has previously referred to Bitcoin as “digital gold,” emphasizing the company’s commitment to this strategy. The company aims to strengthen its reserves by accumulating more Bitcoin in the long term.
Bitcoin Price and Market Reactions
Following the news, Bitcoin is currently trading at $104,236. This price reflects a strong recovery after recent market corrections, signaling resilience in the cryptocurrency’s value.
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