The company's total stash has grown to almost 160,000 BTC.
The world’s largest corporate bitcoin holder – MicroStrategy – has reinstated its BTC-buying policy and has spent another $150 million to acquire just under 5,500 BTC.
Nevertheless, the company’s entire bitcoin position is still underwater, at least theoretically, as the asset’s price struggles at $26,000. Michael Saylor – MicroStrategy’s founder and former CEO – announced the latest acquisition on X, indicating that his brainchild spent $147.3 million to acquire 5,445 BTC at an average price of $27,053.
This means that the firm’s total BTC stash has grown to 158,245. In total, MicroStrategy spent $4.68 billion , which means that its position is currently in the red. This is because bitcoin’s price has failed to gain any real traction recently and even fell to a multi-week low of $26,000 earlier today.MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per
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MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTCMicroStrategy co-founder Michael Saylor announced another major Bitcoin purchase by the firm, bringing the entire amount of BTC holdings to 158,245 BTC.
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