MicroStrategy has significantly expanded its Bitcoin holdings with the purchase of 4,225 Bitcoins between July 7 and July 13.
The business intelligence firm acquired the cryptocurrency at an average price of $111,827 per Bitcoin, bringing the total investment to $472.5 million.
This acquisition reinforces MicroStrategy’s position as one of the largest corporate holders of Bitcoin globally, continuing its strategy of utilizing cryptocurrency as a primary treasury reserve asset.
The transaction demonstrates sustained institutional confidence in Bitcoin despite ongoing market volatility, highlighting the company’s commitment to cryptocurrency as a long-term store of value.