#MicroStrategy Doubles Down on $BTC, Acquiring 16,130 BTC
In a bold move that solidifies its position as a leading #Bitcoin bull, MicroStrategy has announced the purchase of an additional 16,130 BTC, bringing its total holdings to a staggering 174,530 BTC. This massive acquisition, worth over $6.5 billion at current market prices, demonstrates MicroStrategy's unwavering belief in Bitcoin's long-term potential.
Key Highlights:
MicroStrategy now holds the largest Bitcoin treasury among publicly traded companies.
The company's average purchase price of Bitcoin stands at $30,252 per BTC.
MicroStrategy's Bitcoin holdings represent over 0.83% of Bitcoin's total supply.
Michael Saylor's Vision:MicroStrategy's CEO, Michael Saylor, has been a vocal proponent of Bitcoin, touting its potential as a digital gold and a hedge against inflation.
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