MicroStrategy Expands Bitcoin Holdings with Additional Purchase
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MicroStrategy Expands Bitcoin Holdings with Additional Purchase

MicroStrategy, under the leadership of Michael Saylor, increased its Bitcoin reserves by acquiring an additional 130 BTC, raising its total holdings substantially.

MicroStrategy (MSTR) has recently made a strategic move to enhance its extensive Bitcoin (BTC) portfolio by acquiring an additional 130 BTC at an estimated cost of approximately $10.7 million, which translates to an average price of $82,981 per coin. As of March 16, these transactions have brought the company’s total Bitcoin holdings to 499,226 BTC, amassed for around $33.1 billion, averaging $66,360 per token.

Purchase Summary:

  • New Acquisition: 130 BTC at ~$10.7 million
  • Total BTC Holdings: 499,226 BTC
  • Total Investment: ~$33.1 billion

Additionally, the funds for this latest purchase were sourced from the sale of preferred shares (STRK), with 123,000 shares sold to yield about $10.7 million. The company previously announced a sizable $21 billion offering of STRK preferred stock to further bolster its investment strategy.

This acquisition is part of MicroStrategy’s ongoing commitment to Bitcoin as an asset class and reflects a year-to-date BTC yield of 6.9%.

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