MicroStrategy buys an additional 1.42 billion USD worth of Bitcoin – Raising total holdings to 214,400 BTC

▶️MicroStrategy, under the leadership of Michael Saylor, has just announced the purchase of an additional 25,250 BTC worth 1.42 billion USD in the first quarter of 2024.

▶️With this transaction, MicroStrategy currently holds a total of 214,400 BTC, reinforcing its position as the largest publicly traded company holding Bitcoin in the world. This BTC was purchased at an average price of approximately 35,180 USD/BTC, significantly lower than the current market price.

▶️This continues Michael Saylor's strategy of "buying the dip relentlessly," as he always asserts that Bitcoin is a core asset in MicroStrategy's long-term strategy.