MicroStrategy has added 18,300 bitcoins at an average price of $60,408, increasing its total holdings to 244,800 BTC worth approximately $14 billion at current market prices.
With a current cost basis of $9.45 billion, the company reports a 17% yield year-to-date from its bitcoin investments, signifying strong performance amid market fluctuations.
Executive Chairman Michael Saylor stated that the company's bitcoin yield is at 4.4% this quarter, reflecting their ongoing strategy to leverage bitcoin as a key asset.
MicroStrategy, once a business software firm, is now recognized as the largest holder of bitcoin among publicly-listed companies, showcasing its bold pivot to cryptocurrency investment.
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