Business intelligence firm MicroStrategy has acquired an additional 245 Bitcoin at an average price of $24,477 per coin, amounting to approximately $6 million.
This strategic purchase occurred during recent market instability when Bitcoin briefly dipped below $25,000. The company’s continued investment signals strong institutional confidence in cryptocurrency despite prevailing economic pressures.
MicroStrategy now holds 138,955 Bitcoin across all acquisitions, reinforcing its position as one of the world’s largest corporate BTC holders. Industry observers view this move as validating Bitcoin’s potential as an inflation hedge while potentially accelerating broader institutional adoption of digital assets.