Bitcoin

April

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	<p>MicroStrategy Incorporated (NASDAQ: MSTR), the leading business intelligence software company, has announced that it has added another 1,045 Bitcoins to its already substantial holdings.</p>
<p>Between March 24, 2023, and April 4, 2023, the company and its subsidiaries acquired the additional Bitcoins for approximately $29.3 million in cash, at an average price of $28,016 per <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/">Bitcoin</a>. This acquisition includes all related fees and expenses.</p>
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<p lang="en" dir="ltr">MicroStrategy has acquired an additional 1,045 <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#bitcoin</a> for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 <a href="https://twitter.com/MicroStrategy?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@MicroStrategy</a> holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$MSTR</a> <a href="https://t.co/IBufTxalnv" rel="nofollow" target="_blank">https://t.co/IBufTxalnv</a></p>
<p>&mdash; Michael Saylor<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@saylor) <a href="https://twitter.com/saylor/status/1643586872839471105?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 5, 2023</a></p></blockquote>
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<p>The <a href="https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_4-5-2023.pdf" rel="nofollow noopener" target="_blank">announcement</a> comes just weeks after the company&#8217;s CEO, Michael Saylor, revealed on Twitter that <a href="https://crypto.ro/en/news/microstrategy-has-purchased-6555-bitcoins-valued-at-150-million/">MicroStrategy and its subsidiaries had already purchased 6,455 BTC</a> for about $150.0 million in cash between February 16, 2023, and March 23, 2023.</p>
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<p lang="en" dir="ltr">MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3/23/23, <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$MSTR</a> acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#bitcoin</a> &amp; held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. <a href="https://t.co/ALp9VLkTpt" rel="nofollow" target="_blank">https://t.co/ALp9VLkTpt</a></p>
<p>&mdash; Michael Saylor<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@saylor) <a href="https://twitter.com/saylor/status/1640325496654143488?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">March 27, 2023</a></p></blockquote>
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<p>With the latest acquisition, the company&#8217;s total Bitcoin holdings now stand at an impressive 140,000 BTC.</p>
<p>MicroStrategy&#8217;s aggressive Bitcoin investment strategy has been a topic of much discussion within the crypto community. The company has spent approximately $4.17 billion in total to accumulate its 140,000 BTC holdings, resulting in an average purchase price of around $29,803 per Bitcoin, inclusive of fees and expenses.</p>
<p>Saylor, a prominent <a href="https://crypto.ro/en/bitcoin/">Bitcoin</a> advocate, has consistently expressed his belief in the digital asset as a long-term store of value and hedge against inflation.</p>
<p>This continued accumulation of Bitcoin by MicroStrategy is expected to further solidify its position as one of the largest corporate holders of the digital asset.</p>
<p>The company&#8217;s investment has been closely watched by industry insiders and investors alike, as it demonstrates a growing interest in Bitcoin and <a href="https://crypto.ro/en/cryptocurrencies/">cryptocurrencies</a> among traditional businesses.</p>
<p>In light of this latest acquisition, MicroStrategy&#8217;s share price could see a short-term boost as investors react to the news.</p>

MicroStrategy continues Bitcoin shopping spree, buying 1,045 BTC

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