MicroStrategy, led by co-founder Michael Saylor, has once again increased its Bitcoin holdings. The company has announced a significant acquisition that raises the total volume of its BTC assets.
Latest MicroStrategy Deal
Today, Michael Saylor announced the acquisition of 6,556 BTC for $555.8 million. The average transaction price was around $84,785 per bitcoin.
Total Bitcoin Holdings
Following the latest deal, MicroStrategy's total Bitcoin holdings have grown to 538,200 BTC. The company has allocated about $36.47 billion for its acquisitions, averaging $67,766 per bitcoin. At current prices, their unrealized profits are estimated at around $10 billion.
Market and Company Stocks
MicroStrategy's stock has managed to weather recent market fluctuations. Despite the pressures from tariffs instituted by the US president, the stock has risen by 4% month-on-month, closing last Friday at around $320.
Thus, MicroStrategy continues to actively invest in Bitcoin, increasing its assets and confidence in the volatile cryptocurrency market.
