MicroStrategy Makes a Bold Move: Acquires $1.28 Billion in Bitcoin
Crypto News

MicroStrategy Makes a Bold Move: Acquires $1.28 Billion in Bitcoin

MicroStrategy reveals its latest acquisition of Bitcoin amounting to $1.28 billion, significantly impacting the market.

MicroStrategy, recognized as the largest corporate holder of Bitcoin, recently announced a significant purchase totaling $1.28 billion.

The firm acquired 17,994 BTC at an average price of $70,946 per bitcoin, which might explain the recent increase in market prices.

As a result, MicroStrategy’s holdings now amount to 738,731 BTC, originally purchased at a staggering $56 billion with an average purchase price of $75,862 each.

“MicroStrategy has acquired 17,994 BTC for ~$1.28 billion at ~$70,946 per bitcoin. As of 3/8/2026, we hold 738,731 $BTC acquired for ~$56.04 billion at ~$75,862 per bitcoin.”
— Strategy (@Strategy) March 9, 2026

The crypto community remains divided regarding MicroStrategy’s strategy to leverage corporate shares solely for Bitcoin investments. As of now, the company faces an unrealized loss of about $6 billion, especially as Bitcoin prices exhibit considerable fluctuations today.

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