Rabia Salma
--
#SaylorBTCPurchase MicroStrategy Adds Another $555M in Bitcoin, Total Holdings Now 538,200 BTC
MicroStrategy has made yet another bold move in the Bitcoin space, purchasing an additional $555 million worth of BTC. The latest acquisition brings the company’s total holdings to a staggering 538,200 BTC.
To fund the purchase, MicroStrategy raised capital through:
Common Stock: $547.7 million
Preferred Stock: $7.8 million
The company bought this latest batch of Bitcoin at an average price of $67,766 per BTC. With Bitcoin now trading around $87,300, the investment is already looking strong.
MicroStrategy’s total investment in Bitcoin now stands at $36.47 billion, with an average purchase price of $67,766 per BTC. Meanwhile, MSTR stock is up 2.77% in pre-market trading, signaling positive investor sentiment.
Under the leadership of Executive Chairman Michael Saylor, MicroStrategy continues to double down on its Bitcoin strategy — further cementing its position as one of the largest corporate holders of the digital asset.
When it comes to Bitcoin whales, MicroStrategy is in a league of its own.
MicroStrategy has made yet another bold move in the Bitcoin space, purchasing an additional $555 million worth of BTC. The latest acquisition brings the company’s total holdings to a staggering 538,200 BTC.
To fund the purchase, MicroStrategy raised capital through:
Common Stock: $547.7 million
Preferred Stock: $7.8 million
The company bought this latest batch of Bitcoin at an average price of $67,766 per BTC. With Bitcoin now trading around $87,300, the investment is already looking strong.
MicroStrategy’s total investment in Bitcoin now stands at $36.47 billion, with an average purchase price of $67,766 per BTC. Meanwhile, MSTR stock is up 2.77% in pre-market trading, signaling positive investor sentiment.
Under the leadership of Executive Chairman Michael Saylor, MicroStrategy continues to double down on its Bitcoin strategy — further cementing its position as one of the largest corporate holders of the digital asset.
When it comes to Bitcoin whales, MicroStrategy is in a league of its own.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
86
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number