MicroStrategy's Latest Bitcoin Acquisition

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

Details of the Purchase

The acquisition was executed at an average price of approximately $86,969 per Bitcoin, further solidifying MicroStrategy's position as one of the largest corporate holders of Bitcoin. This strategic purchase reflects the company's ongoing commitment to cryptocurrency as a core part of its treasury strategy.