MicroStrategy, once known for its business software, continues its transformation into a “Bitcoin development company” by significantly expanding its Bitcoin holdings.
The company, led by Executive Chairman Michael Saylor, has acquired an additional 18,300 BTC, valued at approximately $1.1 billion, at an average price of $60,408 per Bitcoin.
This latest purchase reinforces MicroStrategy’s position as the largest corporate holder of Bitcoin, with a total of 244,800 BTC, now worth nearly $14 billion.
MicroStrategy’s new BTC purchase
In its latest move, MicroStrategy added 18,300 BTC to its portfolio, marking a bold step in its ongoing commitment to Bitcoin.
The purchase, announced by Michael Saylor via X (formerly Twitter), brings the company’s total Bitcoin holdings to 244,800 BTC.
With this acquisition, the firm solidifies its leadership among publicly traded companies in Bitcoin ownership.