MicroStrategy Keeps Buying Bitcoin — Price No Object

The Bitcoin buying spree continues — MicroStrategy (@Strategy) has just added another 6,220 BTC, worth $739.8 million, at an average price of $118,940 during the past week.

This brings the company’s total holdings to a staggering 607,770 BTC, currently valued at around $71.77 billion. With an average purchase price of $71,756, MicroStrategy is sitting on an unrealized profit of $28.16 billion.

No matter how high the price goes, MicroStrategy continues to double down — proving they’re in it for the long haul.