Strategy's Latest Purchase Adds 4,020 BTC to Reserves
The public market giant now owns 580,250 bitcoin.
MicroStrategy buys an additional 4,020 BTC, increasing its holdings to 580,250 BTC and reinforcing its status as a major player in corporate
Bitcoin adoption.
What’s the Scoop?
- Massive Purchase: MicroStrategy acquired 4,020 BTC for $427.1 million at an average price of $106,237 per Bitcoin.
- Record Holdings: The company now holds 580,250 BTC, representing nearly 3% of Bitcoin's fixed 21 million supply.
- Funding Strategy: The acquisition was funded through the sale of stock and preferred shares, continuing an aggressive capital-raising strategy.