MicroStrategy's Latest Bitcoin Acquisition

In a bold move that underscores its confidence in cryptocurrency, MicroStrategy Incorporated has added 1,895 Bitcoins to its portfolio. The purchase, totaling $180.3 million, was made between April 28 and May 4, at an average price of $95,167 per Bitcoin, as revealed in a recent SEC filing.

Financing the Future

The transaction was strategically financed using proceeds from the 2024 Common ATM and STRK ATM. This acquisition further cements MicroStrategy's position as a major player in the Bitcoin market.

A Growing Bitcoin Treasury

As of May 4, MicroStrategy's total Bitcoin holdings have reached an impressive 555,450 Bitcoins. With an aggregate purchase cost of approximately $38.08 billion and an average price of $68,550 per Bitcoin, including fees and expenses, the company's investment strategy is clear.