MicroStrategy, led by Michael Saylor, has purchased an additional 27,200 BTC for almost $2 billion, bringing its total holdings to 279,420 BTC valued near $23 billion.
With an average acquisition cost of $74,463 per coin, MicroStrategy’s latest Bitcoin purchase is already showing a profit of over $200 million, highlighting its successful strategy.
The company's bitcoin acquisitions have yielded a 7.4% profit this quarter and over 26% year-to-date, showcasing the effectiveness of its investment approach.
MicroStrategy’s strategy of issuing shares to buy Bitcoin not only enhances their BTC holdings but also boosts their share price, reflecting a unique synergy.
Collection
[
|
...
]