MicroStrategy demonstrated its aggressive strategy towards cryptocurrency investments by purchasing 51,780 bitcoin in a span of six days, marking a significant addition to its holdings.
With the latest acquisition, MicroStrategy's total Bitcoin holdings reached 331,200 tokens, valued at nearly $30 billion based on current prices, reflecting a strong commitment to the digital asset.
The funding for this purchase was facilitated through MicroStrategy's at-the-market share issuance program, allowing the company to sell 13.6 million shares and raise $4.6 billion.
Despite a slight dip in share price premarket, MicroStrategy's stock has surged nearly 400% this year, demonstrating the market's positive response to its Bitcoin accumulation strategy.
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