#MicroStrategyAcquiresBTC
MicroStrategy continues to strengthen its Bitcoin holding strategy, recently announcing the purchase of 15,400 Bitcoins worth approximately $1.5 billion, at an average price of $95,976 per Bitcoin. With this purchase, its total holdings reach approximately 402,100 Bitcoins, valued at approximately $38.4 billion, at an average price of $58,263 per coin. citeturn0news14
MicroStrategy is primarily focused on its Bitcoin strategy, as it is noted that the company’s market cap is heavily influenced by its Bitcoin holdings, with its software business being less important. citeturn0news12
In addition, the company announced plans to raise up to $42 billion to purchase more Bitcoin, having already spent $20.5 billion to buy 218,887 BTC. citeturn0news12
These moves demonstrate MicroStrategy’s strong commitment to Bitcoin as a core part of its financial strategy.
navlistMicroStrategy Strengthens Its Aggressive Bitcoin Acquisition Strategyturn0news13,turn0news14
