MicroStrategy, an American company, continues to reinforce its investments in Bitcoin, reaching a new record.
MicroStrategy's Bitcoin Investment History
Since Trump's election win in November, MicroStrategy has accumulated 376,571 Bitcoin worth approximately $43.2 billion. A significant portion of its current stash of 628,791 Bitcoin was amassed in just nine months, representing 60% of the total.
Recent Bitcoin Acquisitions
Last week, the company made a purchase of 21,021 Bitcoin for $2.46 billion, marking its third-largest acquisition ever. The average purchase price hit $117,256 per coin, demonstrating confidence in the asset despite elevated market valuations.
Company's Economic Performance
MicroStrategy claims that their Bitcoin holdings now represent 3.16% of the total circulating supply. In their Q2 financial report, the company noted a record profit of $10 billion through its Bitcoin treasury strategy.
Amid increased market volatility, MicroStrategy remains one of the most aggressive investors in Bitcoin, continuously increasing its reserves while demonstrating positive financial results.
