MicroStrategy Increases Bitcoin Holdings with $36 Billion Acquisition

MicroStrategy has bolstered its Bitcoin reserves by acquiring an additional 6,556 BTC, bringing its total holdings to a massive 538,200 BTC. This strategic move has significantly boosted the company’s year-to-date Bitcoin yield, currently standing at 12.1%. The acquisition, valued at approximately $36.47 billion based on an average price of $67,766 per Bitcoin, demonstrates MicroStrategy’s continued commitment to integrating cryptocurrency into its investment strategy. This strategic action positions the company for long-term success in the dynamic cryptocurrency market.