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MicroStrategy Buys More Bitcoin, Holdings Exceed 762,000 BTC
The Block·
Michael Saylor's company, MicroStrategy, has continued its aggressive Bitcoin acquisition strategy, purchasing an additional 1,031 BTC for approximately $77 million. This latest purchase brings the firm's total holdings to an impressive 762,099 Bitcoin. These holdings now represent over 3.5% of the total 21 million Bitcoin supply, with a current market value estimated around $53 billion. The company's consistent investment in Bitcoin underscores its strong conviction in the cryptocurrency as a primary treasury reserve asset.
Tags
crypto
fintech
Original Source
The Block — theblock.co