Strategy Boosts Bitcoin Holdings to Over 500,000 with Latest Acquisition

Business intelligence firm Strategy has made another significant acquisition, purchasing an additional 6,911 Bitcoins, according to a regulatory filing released on Monday.

This latest acquisition brings the company’s total Bitcoin holdings to over 500,000, marking a major milestone for the firm.

With its most recent purchase, Strategy’s average purchasing price for Bitcoin has risen to approximately $67,000 per coin.

This reflects the company’s continued commitment to accumulating the cryptocurrency as part of its investment strategy.

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The announcement of the acquisition has had a positive impact on MicroStrategy’s stock. Following the news, shares of the company surged by more than 5% in pre-market trading, reflecting investor confidence in the firm’s growing Bitcoin holdings.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.