MicroStrategy Purchases 14,620 Bitcoins at an Average Price of $42,110 Each

MicroStrategy, a prominent player in the cryptocurrency market, has taken a bold step by acquiring a whopping 14,620 bitcoins. This significant purchase, valued at around $615.7 million, was executed at an average price of $42,110 per bitcoin. As a result of this latest move, MicroStrategy now boasts a total of 189,150 bitcoins in its portfolio, which it has acquired for a staggering total of $5.9 billion, averaging at $31,168 per bitcoin. This substantial investment serves to further cement MicroStrategy’s position as a major corporate holder of Bitcoin, underscoring its unwavering confidence and unwavering commitment to the world of cryptocurrency.