Microstrategy has made the audacious decision to purchase another 3,459 Bitcoin, increasing its total holding to an astonishing 531,644 Bitcoin. Company purchased Bitcoin at an average price of $82,618 per bitcoin, marked as the recent purchase worth $285.8 million.
The announcement was made by the Company’s CEO Micheal Saylor through a social media handle X (formerly twitter).
The company has purchased Bitcoins for $285.8 millions at an average price of $82,618 per bitcoin. It now owns 531,644 BTC.
This is the 10th consecutive purchase of Bitcoin in the year of 2025 by the company.
Previously the company acquired Bitcoin 31st March 2025. During the purchase the company acquired 22,048 Bitcoins at a price averaging $86,969 each.
MicroStrategy continues to invest in Bitcoin due to its strategy which incorporates using Bitcoin as a long-term treasury reserve asset. Company acquisitions show that they continue to believe Bitcoin has future value potential and acts as a defense against inflation together with economic instability.
Follow for Crypto news.
Btc
Bitcoin
Bitcoin Miners
Crypto news
Crypto news today
Post a Comment