MicroStrategy has once again increased its Bitcoin holdings with its latest acquisition of 1,070 BTC for $101 million. This is part of a series of Bitcoin purchases made by the company in recent weeks, highlighting its ongoing commitment to accumulate the leading cryptocurrency.
With this purchase, MicroStrategy now holds a total of 447,470 BTC, acquired at a total cost of $27.97 billion. The company continues to solidify its position as one of the largest corporate holders of Bitcoin.
This move underlines MicroStrategy's strategic focus on Bitcoin as a primary reserve asset, reinforcing its belief in Bitcoin's long-term value.
