MicroStrategy Caps Off 2023 with a Stellar $615.7 Million Bitcoin Purchase! The Bitcoin Saga Continues! MicroStrategy, the trailblazer in corporate Bitcoin adoption, is closing the curtains on 2023 with a bang! In a strategic move, the business intelligence giant has added a whopping 14,620 Bitcoins to its impressive portfolio, amounting to a staggering $615.7 million at an average cost of $42,110 per Bitcoin.
Relentless Bitcoin Accumulation: MicroStrategy, led by the visionary Michael Saylor, remains undeterred in its mission to accumulate Bitcoin. This latest acquisition solidifies its standing as the largest corporate Bitcoin holder globally.
Strategic Brilliance: The purchase, executed with finesse, showcases MicroStrategy's strategic acumen in navigating the dynamic crypto landscape, emphasizing its commitment to digital assets.
Impressive Holdings: As of December 26, 2023, MicroStrategy's Bitcoin holdings stand tall at 189,150 BTC, valued at around $5.9 billion. The average purchase price per Bitcoin rests at $31,168.
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