#MicroStrategyAcquiresBTC

MicroStrategy continues its Bitcoin accumulation strategy, adding 11,000 BTC to its $1.1 billion portfolio. With this new acquisition, the firm now holds 471,107 BTC, solidifying its position as one of the largest institutional holders of Bitcoin. To finance the purchase, MicroStrategy issued over 2.76 million shares, once again demonstrating its long-term confidence in $BTC. However, the pace of purchases appears to be slowing compared to previous acquisitions. With Bitcoin currently hovering around $104,000, the firm’s strategy continues to influence the market and reinforce the narrative of institutional adoption.