MicroStrategy Acquires 11,000 BTC Equivalent to $1.1 Billion

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MicroStrategy, the American development company founded by Michael Saylor, expanded its Bitcoin holdings by 11,000 BTC, equivalent to $1.1 billion, as revealed in a January 21 post on X by the business intelligence executive. MicroStrategy’s $1.1 Billion Bitcoin Acquisition According to Saylor’s post on Tuesday, the company’s latest Bitcoin acquisition raises its total holdings to 461,000 BTC, valued at $29.3 billion. The average cost per Bitcoin in the company’s portfolio stands at $63,610. Mic...