MicroStrategy Expands Bitcoin Holdings With $10.7 Million Purchase

The company, led by Michael Saylor, now holds over 499,000 Bitcoin as it continues its aggressive cryptocurrency investment strategy.

MicroStrategy purchased 130 Bitcoin for $10.7 million at an average price of $82,981 per token, boosting its total holdings to 499,226 Bitcoin.
The company's Bitcoin investments now total $33.1 billion, acquired at an average cost of $66,360 per Bitcoin.
MicroStrategy plans to raise $42 billion through stock and fixed-income securities by 2027 to fund further Bitcoin acquisitions.
Despite recent Bitcoin price declines, the company remains committed to its strategy, with its unrealized gains slipping below $9 billion.
Michael Saylor continues to advocate for Bitcoin's long-term value, describing it as a critical financial asset and a key component of U.S. economic leadership.