MicroStrategy Acquires $49.9 Million Worth of Bitcoin

Cryptocurrency firm MicroStrategy has acquired 487 Bitcoin, boosting its holdings to over 641,692 BTC. The company’s latest purchase, valued at approximately $49.9 million, confirms a long-standing strategy of consistent Bitcoin accumulation. Though the acquisition hasn’t been officially announced by the firm, it aligns with MicroStrategy’s history of acquiring BTC. The move is seen as adding to the stability and resilience of Bitcoin in market fluctuations.