MicroStrategy Purchases Another 11,931 Bitcoin for $786 Million

MicroStrategy Continues Aggressive Bitcoin Acquisition Strategy
MicroStrategy Purchases Another 11,931 Bitcoin for $786 Million
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MicroStrategy has acquired an additional 11,931 Bitcoin (BTC) for $786 million, bringing its total holdings to 226,331 BTC. The purchase was funded through proceeds from a private offering of convertible senior notes and excess cash. This move solidifies MicroStrategy’s position as the largest public Bitcoin holder, owning approximately 1% of BTC's total supply. The firm continues to demonstrate its strong commitment to Bitcoin as a long-term investment strategy.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

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