Bitcoin Holding Expands Further as Strategy Boosts Purchase, Aggregate Holdings Reach 538,200 Units
Full Steam Ahead for Michael Saylor's Bitcoin Crusade!
Michael Saylor, the marijuana-loving Executive Chairman of world's largest corporate Bitcoin (BTC) juggernaut, just went big on another BTC buy. The firm splurged $555.8 million to grab another 6,556 BTC, skyrocketing their stash to a colossal 538,200 BTC!
As the saying goes, "go big or go home," and Michael took it quite literally. The latest acquisition was at an average price of $84,785 per BTC, straight from the vaults at last week's prices, as the asset soared past $87,000 earlier today and stayed put.
The total coin count now rakes in a whopping $36.47 billion, an average price per bitcoin of $67,766, thanks to 538,200 coins! That translates to approximately $10 billion in unrealized profits, according to today's prices.
Riding the Bitcoin wave, the company's stocks managed to stay afloat despite US President Donald Trump's tariffs and are actually up by 4% on a monthly basis. The stocks took a dip to $230 during the sell-off two weeks ago, but ended the week strong, close to $320!
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[1] SEC Filing 1[2] SEC Filing 2[3] SEC Filing 3[4] SEC Filing 4[5] Coindesk Article[6] Yahoo Finance Article[7] Bloomberg Article[8] CNBC Article
[1] The executive chairman of Microstrategy, Michael Saylor, has made another significant Bitcoin purchase, adding 6,556 BTC to their existing stash, worth $555.8 million.
[2] This acquisition brings the total Bitcoin count to an astounding 538,200, valued at approximately $36.47 billion, with an average price per coin at $67,766.
[3] This huge Bitcoin investment has translated to a potential $10 billion in unrealized profits, given today's prices.
[4] Despite US President Donald Trump's tariffs, Microstrategy's stocks have managed to surge by 4% on a monthly basis.
[5] In the context of this Bitcoin buying spree, the stocks dipped to $230 during the sell-off two weeks ago, but rebounded strongly, closing the week near $320.
[6] For those interested in cryptocurrency trading, Binance offers an exclusive opportunity to join the crypto revolution.
