MicroStrategy's Continued Bitcoin Investment

In a significant move that underscores its confidence in cryptocurrency, MicroStrategy Incorporated has purchased an additional 22,048 Bitcoin, spending approximately $1.92 billion in cash. This acquisition took place between March 24 and March 30, as detailed in the company's recent Securities and Exchange Commission (SEC) filing.

Details of the Purchase

The transaction was executed at an average price of around $86,969 per Bitcoin, highlighting the company's strategic approach to investing in the digital currency. This latest purchase further solidifies MicroStrategy's position as a major player in the cryptocurrency market.