๐จ MicroStrategyโs Bold Move: Another $1.1 Billion in Bitcoin! ๐จ
Michael Saylorโs MicroStrategy has just acquired 10,107 BTC for a staggering $1.1 billion, bringing its total holdings to 471,107 BTC! ๐ฆ๐ฅ
๐ฐ Average purchase price: $62,473.01
๐ Total BTC investment: $27.95 billion
๐ Percentage of total BTC supply: 2.243%
To fund this, MicroStrategy issued 2.76 million shares, with shareholder approval to expand shares for future Bitcoin buys. ๐ข This strategy underscores Saylorโs unshakable conviction in BTCโs long-term value. ๐
Even as Bitcoin dips below $100K, MicroStrategy doubles down, proving its commitment to Bitcoin as a corporate treasury asset. Will this bet pay off in the next bull run? ๐
Whatโs your take on this massive accumulation? ๐๐ญ
