MicroStrategy's Latest Bitcoin Acquisition

In a bold move that underscores its confidence in cryptocurrency, MicroStrategy Incorporated has announced the purchase of an additional 1,895 Bitcoins. The transaction, totaling $180.3 million in cash, was executed between April 28 and May 4, at an average price of $95,167 per Bitcoin.

Financing the Future

The acquisition was financed through "proceeds from the 2024 Common ATM and STRK ATM," as revealed in a recent Securities and Exchange Commission (SEC) filing. This strategic investment highlights MicroStrategy's continued commitment to Bitcoin as a core part of its treasury strategy.

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 solidifies its position as one of the largest corporate holders of Bitcoin.