MicroStrategy has once again made headlines with its ambitious Bitcoin investment strategy, acquiring an additional 15,400 BTC for $1.5 billion.
MicroStrategy's Bold Investment Move
Between November 25 and December 1, MicroStrategy acquired 15,400 BTC at an average price of $95,976 per coin. This purchase coincided with the sale of 3,728,507 company shares, raising $1.5 billion.
MicroStrategy’s Massive Bitcoin Reserves
As of December 1, the company’s Bitcoin holdings stand at 402,100 BTC, valued at over $38 billion. These acquisitions make MicroStrategy the largest corporate Bitcoin holder. The recent purchases reflect an aggressive scaling strategy.
Saylor's Call for Widespread Bitcoin Adoption
Michael Saylor, MicroStrategy’s co-founder and executive chairman, is actively advocating for Bitcoin as a treasury asset and recently suggested that Microsoft should adopt Bitcoin strategically.
MicroStrategy continues to pursue its Bitcoin investment strategy, solidifying its position as the leading corporate holder of the cryptocurrency. The company’s approach highlights its confidence in Bitcoin's future value.
