MicroStrategy (MSTR) has substantially increased its Bitcoin holdings, acquiring an additional 4,225 Bitcoins last week. This purchase brings the company’s total Bitcoin reserve to 601,550 coins.
At prevailing market valuations, the total worth of MicroStrategy’s Bitcoin holdings currently stands at approximately $71.6 billion.
The company’s average acquisition cost per Bitcoin is reported to be $71,268. Based on the current market price, this position represents an average unrealized gain of roughly $47,732 per Bitcoin.
Collectively, the unrealized profit on MicroStrategy’s entire Bitcoin portfolio is estimated at $28.7 billion.
With its latest acquisitions, the company now holds approximately 2.86% of the entire Bitcoin supply currently in circulation.