• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MicroStrategy boosts its Bitcoin holdings by 27,200 BTC

user avatar

by Giorgi Kostiuk

a year ago

MicroStrategy announced an acquisition of 27,200 Bitcoins valued at $2.03 billion, reinforcing its position as the largest corporate Bitcoin holder. CEO Michael Saylor reaffirmed the company's strategy to use Bitcoin as a primary reserve asset.

New Bitcoin Purchase

MicroStrategy acquired an additional 27,200 BTC, bringing the company's total Bitcoin holdings to 279,420 BTC valued at $24.83 billion.

Financial Strategy

To fund the latest purchase, MicroStrategy used company stock sales, avoiding the need to dip into cash reserves or incur debt. Since selecting Bitcoin as a reserve asset, the company's shares have shown significant growth.

21/21 Plan

Recently, MicroStrategy launched the '21/21 Plan' aiming to raise $42 billion over three years to further increase its Bitcoin holdings.

With the additional Bitcoin acquisition, MicroStrategy solidifies its position in the crypto space. The '21/21' plan implementation underscores the company's long-term intentions regarding Bitcoin as a strategic asset.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Reactions to Fidelity's FSOL ETF Launch

chest

Industry analysts predict significant market interest in Fidelity's FSOL ETF, with positive sentiment on social media.

user avatarElias Mukuru

Intensified Rivalry in Solana ETF Market Following Fidelity's Entry

chest

Fidelity's entry into the Solana ETF market highlights increased competition among asset managers, including Bitwise and Grayscale.

user avatarDiego Alvarez

Wepublic Announces Amendments to Terms of Service and Privacy Policy

chest

Wepublic announces amendments to its Terms of Service and Privacy Policy effective November 25th, 2025.

user avatarKenji Takahashi

Falling Wedge Pattern Suggests Potential Breakout for TAO

chest

The falling wedge pattern on the 2-hour chart remains intact, guiding short-term sentiment in the TAO market. Traders are watching for a breakout signal, as a break above the upper trendline may lead to a projected 30% rally.

user avatarZainab Kamara

Future Prospects for LUNC Trading in Europe: Three Routes to Reinstatement

chest

The LUNC community is exploring three potential routes to reopen mainstream trading in Europe, including a MiCA-approved stablecoin, new LUNC pairs from Binance, and boosting confidence in the Terra ecosystem.

user avatarJesper Sørensen

Cardano Advances Governance and Developer Engagement

chest

Cardano is advancing its governance evolution and enhancing developer engagement, allowing community voting and treasury management, positioning itself as a reliable long-term investment.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.