MicroStrategy has significantly increased its Bitcoin holdings by purchasing an additional 10,100 BTC for $1.1 billion, positioning itself as the largest corporate Bitcoin holder with 471,100 BTC overall. The company funded this latest acquisition through stock sales, reflecting its aggressive Bitcoin investment strategy. Co-founder Michael Saylor expressed ongoing commitment to Bitcoin as a treasury asset, an approach that aligns with broader trends in Bitcoin adoption and interest in digital asset reserves within the U.S. This recent purchase has extended the company's buying streak to 12 consecutive weeks amid market corrections.
This purchase extends MicroStrategy's holding to 471,100 BTC, affirming its position as the largest corporate holder of Bitcoin at a time of market volatility.
Collection
[
|
...
]