MicroStrategy Inc. has expanded its corporate Bitcoin holdings, acquiring an additional 245 BTC for approximately $26 million.
This latest purchase brings the company’s total Bitcoin reserve to 592,345 BTC. These holdings have been accumulated at an average purchase price of $70,681 per Bitcoin.
The acquisition reinforces the strategy championed by Executive Chairman Michael Saylor, positioning Bitcoin as a primary reserve asset. This approach aims to hedge against inflation and represents a deliberate shift away from traditional fiat currency reserves perceived as vulnerable to devaluation.
MicroStrategy’s consistent accumulation of Bitcoin is seen by many analysts as a strong validation of Bitcoin’s legitimacy for corporate treasury management. It also bolsters broader market confidence in the cryptocurrency’s long-term value proposition within a potentially future digital global economy.
The company’s disciplined, long-term investment approach and its significant holdings of nearly 600,000 BTC solidify its position as a leading indicator of institutional adoption. This strategy underscores Bitcoin’s growing acceptance as a strategic asset class for major corporations.