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MicroStrategy Adds 2,138 New Bitcoins to Its Stash, Now Holds 446,400 Coins
In a surprising move, MicroStrategy has announced the purchase of an additional 2,138 Bitcoin (BTC) units, taking its overall holdings to a staggering 446,400. This latest acquisition marks yet another significant milestone in the company’s commitment to investing in the world’s most valuable cryptocurrency.
According to publicly available data, MicroStrategy acquired these new Bitcoins at an average price of $62,428 per coin, bringing the total value of its crypto stash to an astronomical sum. It is worth noting that this purchase comes at a time when the Bitcoin market has been bearish, with prices trading around $93,114.
Despite the short-term losses, MicroStrategy remains steadfast in its support for Bitcoin and has now seen a BTC Yield of 47.8% over the quarter-to-date and an astonishing 74.1% year-to-date.
Source: coinjournal.net
