MicroStrategy Adds $764 Million to Bitcoin Holdings

MicroStrategy, the tech company known for its investment in Bitcoin (BTC), has made a significant purchase of 7,390 bitcoins. The company acquired these coins between May 12-18 at an average price of $103,498 per bitcoin, resulting in a transaction valued at approximately $764.9 million. This latest investment brings MicroStrategy’s total Bitcoin holdings to over 576,230 BTC, with the current value exceeding $40 billion.