#MicroStrategyAcquiresBTC

MicroStrategy Expands Bitcoin Holdings with Aggressive Purchases

MicroStrategy has continued its aggressive Bitcoin accumulation, purchasing 1,070 BTC for $101 million at an average price of $94,004 per BTC. This brings its total holdings to 447,470 BTC, acquired for $27.97 billion at an average price of $62,503 per BTC.

The company has been on a nine-week buying streak, reflecting CEO Michael Saylor’s unwavering belief in Bitcoin. Recently, it also acquired 11,000 BTC for $1.1 billion at an average price of $101,191 per BTC, pushing total holdings to 461,000 BTC (valued at $48 billion).

MicroStrategy funds these purchases through stock sales and cash reserves, with plans to raise up to $2 billion to buy even more Bitcoin, reinforcing its bullish stance. 🚀