#MicroStrategyAcquiresBTC

Michael Saylor, CEO of MicroStrategy, has announced another Bitcoin purchase. The self-proclaimed Bitcoin maximalist stated that his company had acquired an additional 10,000 BTC for approximately $250 million at an average price of $25,000 per Bitcoin.

This recent acquisition brings MicroStrategy's total Bitcoin holdings to 140,000 BTC, worth approximately $3.5 billion at the current market price. Saylor has been a vocal advocate for Bitcoin, citing its potential as a hedge against inflation and its superior store of value compared to traditional assets like gold.

MicroStrategy's continued accumulation of Bitcoin demonstrates the company's conviction in the long-term potential of the cryptocurrency. The move is likely to further solidify Bitcoin's position as a leading institutional investment asset.