MicroStrategy Invests $5.4B in Bitcoin, Total Holdings Reach 386,700 BTC

MicroStrategy Invests $5.4B in Bitcoin, Total Holdings Reach 386,700 BTC

MicroStrategy, the world’s largest corporate holder of Bitcoin, has further bolstered its crypto treasury. Executive Chairman Michael Saylor announced on November 25 that the company had purchased an additional 55,000 BTC, bringing its total holdings to 386,700 Bitcoin. The recent acquisition cost $5.4 billion, with an average price of $97,862 per BTC. Since 2020, MicroStrategy has spent $21.9 billion on Bitcoin. The company’s steadfast strat...

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