Breaking: MicroStrategy’s Bitcoin Holdings Exceed 200,000 In Latest Acquisition

Breaking: MicroStrategy’s Bitcoin Holdings Exceed 200,000 In Latest Acquisition

While the Bitcoin (BTC) price continues to make new all-time highs, MicroStrategy continues to scoop up fresh supplies at every new rise. As per the recent SEC filing, the company purchased an additional 12,000 Bitcoins during the last two weeks.
MicroStrategy Buys $821 Million Worth of Bitcoins
MicroStrategy Chairman Michael Saylor announced today that the company has acquired an additional 12,000 bitcoins, amounting to approximately $821.7 million. The acquisition was made using proceeds from convertible notes and excess cash, with each bitcoin purchased at an average price of approximately $68,477.
As of March 10, 2024, MicroStrategy now holds a total of 205,000 bitcoins, acquired for approximately $6.91 billion. The average price per bitcoin in MicroStrategy’s portfolio stands at $33,706.
MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per #bitcoin. As of 3/10/24, $MSTR hodls 205,000 $BTC acquir

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