$BTC MicroStrategy Acquires Additional 6,556
MicroStrategy has reinforced its bullish stance on #Bitcoin with a $555.8M purchase, acquiring 6,556 BTC at an average price of $67,766. This brings the company's total BTC holdings to 538,200, reaffirming its position as the largest corporate holder.
Funded via MSTR stock offerings ($547.7M from Class A, $7.8M from preferred shares)
Total BTC investment to date: $36.47B
MSTR shares up 2.77% pre-market
$BTC trading at $87,300
Led by Michael Saylor, MicroStrategy's long-term thesis remains clear: Bitcoin is a superior treasury reserve asset. With each acquisition, the firm tightens its correlation to Bitcoin's price trajectory - turning MSTR into a de facto BTC proxy for traditional investors.
As institutional adoption grows, MicroStrategy's aggressive strategy continues to serve as a bellwether for broader market sentiment.
