MicroStrategy Adds $357 Million in Bitcoin Despite Price Dip

Despite a brief dip below $112,000, MicroStrategy bolstered its Bitcoin holdings by acquiring 3,081 BTC worth $357 million. CEO Michael Saylor remains steadfast in his long-term Bitcoin investment strategy, even with reduced acquisition activity. This latest purchase brings the company’s total Bitcoin holdings to a staggering 632,457 BTC, valued at $46.5 billion, showcasing sustained profitability despite market fluctuations. While acquisitions have slowed down from the robust pace of August, MicroStrategy maintains its ambitious targets for 2025, aiming for a 30% Bitcoin yield.