MicroStrategy Buys $1.34B in Bitcoin, Boosts Holdings to 568,840 BTC

MicroStrategy Buys $1.34B in Bitcoin, Boosts Holdings to 568,840 BTC
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MicroStrategy, now rebranded as Strategy, has purchased an additional $1.34 billion worth of Bitcoin, bringing its total holdings to 568,840 BTC. The Nasdaq-listed firm remains the largest corporate holder of the cryptocurrency, reinforcing its long-term bullish stance.

  • MicroStrategy spent $1.34 billion to acquire 13,390 BTC, raising its total holdings to 568,840 BTC.
  • The company has invested $39.41 billion in Bitcoin at an average price of $69,287 per coin.
  • Bitcoin’s price recently surged 11% in a week, approaching its all-time high of $108,786.
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