This purchase, funded through its at-the-market equity offering, represents a substantial commitment to Bitcoin and solidifies MicroStrategy's position as one of the largest corporate Bitcoin holders globally, now owning nearly 2% of all existing Bitcoin.
The purchase, completed last week, values the company's Bitcoin holdings at approximately $38.2 billion based on the current market price. This news follows similar announcements of Bitcoin acquisitions by other major players in the crypto space, highlighting continued institutional interest in the asset.
The average purchase price for MicroStrategy's entire Bitcoin holdings remains at $58,263 per BTC.
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