MicroStrategy Buys Another 4,020 Bitcoin for $427 Million – Total Holdings Now Over 214,000 BTC
MicroStrategy has once again reinforced its position as the largest corporate holder of Bitcoin, announcing the acquisition of an additional 4,020 BTC for approximately $427 million. This latest buy brings the company’s total Bitcoin holdings to over 214,000 BTC, purchased at an aggregate price of more than $7.5 billion, with an average cost basis of around $35,000 per Bitcoin.
The move reaffirms Executive Chairman Michael Saylor’s strong conviction in Bitcoin as a superior store of value and a long-term strategic asset. Despite market volatility and the current high price point of Bitcoin — trading above $106,000 at the time of this purchase — MicroStrategy continues to accumulate aggressively.
As institutional interest in Bitcoin heats up and ETFs drive new liquidity into the market, MicroStrategy's bold strategy is being closely watched. Whether this move will pay off long-term remains to be seen, but it undeniably cements their role as a major player in the Bitcoin ecosystem.
#Bitcoin #CryptoNews #MicroStrategy #BTC #MichaelSaylor
