MicroStrategy continues to "hold" Bitcoin, ownership value nearly 63 billion USD

MicroStrategy, now known as Strategy, remains steadfast in its "hodl" strategy for Bitcoin. This Tysons Corner, Virginia-based company has just announced the purchase of an additional 1,045 Bitcoin at a cost of approximately 110.2 million USD, equivalent to an average price of 105,426 USD each. This marks the ninth consecutive week that MicroStrategy has acquired Bitcoin, reinforcing its leading position in accumulating this digital asset.

Meanwhile, the demand from institutional and individual investors for Bitcoin has fluctuated over the past few months. The reciprocal tariff threats from President towards China, the EU, and other major trading partners of the US are causing concern among investors, impacting the market value of Bitcoin. This token has traded in a range from 101,000 USD to 108,000 USD over the past week, according to CoinGecko data. Despite these fluctuations, remains steadfast in its long-term vision for Bitcoin.