#MicroStrategyAcquiresBTC

MicroStrategy, led by Michael Saylor, is a business intelligence company that has become known for its Bitcoin (BTC) investment strategy. Since August 2020, the company has been acquiring BTC as a reserve asset, accumulating approximately 423,650 bitcoins as of December 8, 2024, valued at approximately $42.43 billion.

In November 2024, MicroStrategy made a significant acquisition of 149,880 bitcoins in a single month, reinforcing its position as the largest corporate holder of BTC.

This BTC investment strategy has influenced the performance of the company's shares. Currently, MicroStrategy (MSTR) shares are trading at $335.93, down -$11.98 (-3.44%) from the previous close. Bitcoin price is $102,630.0, down -$458.00 (-0.44%) from its previous close.