MicroStrategy Increases Bitcoin Holdings, Now Holds Over 250,000 BTC
In a bold move, MicroStrategy, the largest corporate holder of Bitcoin, announced that it has purchased an additional 20,000 BTC, bringing its total holdings to over 250,000 BTC, worth more than $26 billion at current prices.
๐ข CEO Michael Saylor stated:
โWe see Bitcoin as the most secure, resilient, and superior store of value in the digital age. This is not just an investment โ itโs a corporate treasury strategy for the next decade.โ
๐ก The purchase comes amid increasing institutional demand following the U.S. spot Bitcoin ETF approvals and the recent halving.
๐ With this acquisition, MicroStrategy now controls over 1.2% of the total Bitcoin supply, reinforcing its position as a key player in the institutional Bitcoin space.
๐ท๏ธ #MicroStrategy
