MicroStrategy's Latest Bitcoin Acquisition

In a significant financial maneuver, MicroStrategy Incorporated has announced the purchase of an additional 11,000 Bitcoins. This acquisition, totaling $1.1 billion, was executed between January 13 and January 20, with an average price of approximately $101,191 per Bitcoin, as revealed in a recent Securities and Exchange Commission (SEC) filing.

Financing the Future

The transaction was strategically financed through the sale of business stock, in accordance with a previously disclosed sale agreement. This move underscores MicroStrategy's commitment to bolstering its cryptocurrency portfolio, signaling a strong belief in the digital asset's long-term value.

MicroStrategy's Growing Bitcoin Empire

As of December 20, MicroStrategy, along with its subsidiaries, boasts a staggering total of 461,000 BTC. The company's aggregate investment in Bitcoin now stands at approximately $29.3 billion, with an average purchase price of $63,610 per BTC, inclusive of fees and expenses. This positions MicroStrategy as one of the leading corporate holders of Bitcoin, further solidifying its stance in the cryptocurrency market.