MicroStrategy adds US$209 million in Bitcoin, continuing weekly buying streak

MicroStrategy has acquired an additional 2,138 Bitcoin worth US$209 million at an average price of US$97,837, marking its eighth consecutive weekly purchase.

The company now holds 446,400 Bitcoin valued at approximately US$41 billion, extending its position as the largest corporate bitcoin holder. MicroStrategy has spent roughly US$27.9 billion building its Bitcoin treasury, which has nearly doubled in value.

The firm’s buying pace has accelerated significantly since Trump’s election victory. Recent purchases include a US$2 billion acquisition at US$74,463 per Bitcoin, followed by purchases of US$4.6 billion and US$5.4 billion in subsequent weeks.

Executive Chairman Michael Saylor, who initiated the company’s bitcoin strategy in 2020 following the pandemic market crash, has been steadfast about the company’s Bitcoin strategy, stressing that it will continue its buying spree.

Despite the announcement, Bitcoin price has been on a decline, trading today at US$92,600 — down from its recent all-time high of US$108,135.

MicroStrategy’s continued accumulation despite price fluctuations signals sustained corporate confidence in Bitcoin as a treasury asset.

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