MicroStrategy Buys $45.6 Million Worth of Bitcoin, Increasing Holdings to 641,205 BTC

MicroStrategy, led by CEO Michael Saylor, has significantly expanded its Bitcoin holdings with a strategic purchase of 397 bitcoins for approximately $45.6 million. This acquisition brings the company’s total bitcoin reserves to 641,205 BTC, according to an official statement. While the move boosts their position as one of the largest corporate holders of Bitcoin, it triggered a slight decline in MicroStrategy’s stock price.