MicroStrategy's Bold Move into Bitcoin

In a significant move that underscores its commitment to Bitcoin, MicroStrategy Inc. has announced the acquisition of an additional 130 Bitcoin. This purchase, made between March 10 and 16, cost the company an average of $82,981 per Bitcoin, totaling $10.7 million.

Strengthening the Bitcoin Reserves

Michael Saylor, the company's Chairman, highlighted that this latest acquisition brings MicroStrategy's total Bitcoin holdings to 499,226. These were acquired at an average price of $66,360 per Bitcoin, amounting to a staggering investment of $33.1 billion. This bold strategy reflects MicroStrategy's confidence in Bitcoin as a long-term store of value.