Future

Bitcoin

<p><strong>MicroStrategy’s been actively buying Bitcoin since August purchasing around 5,445 Bitcoins for nearly $150 million between August 1st and September 24th.</strong></p> 
<h2 style="text-align: center;" id="growing-bitcoin-holdings">Growing Bitcoin Holdings</h2> 
<p>With this recent purchase, MicroStrategy now holds approximately 158,245 Bitcoins, valued at around $4.68 billion. These Bitcoins were acquired at an average price of roughly $29,582 per Bitcoin. To fund this acquisition, the company issued and sold 403,362 MSTR shares.</p> 
<h2 style="text-align: center;" id="continued-bitcoin-accumulation">Continued Bitcoin Accumulation</h2> 
<p><a href="https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-5445-bitcoins-and-now-holds-158245-btc_9-25-2023" target="_blank" rel="noopener">This latest acquisition</a> is not MicroStrategy’s first venture into Bitcoin. They previously purchased 12,800 Bitcoins for approximately $361 million in June and August. Their total Bitcoin holdings now stand at 158,245 Bitcoins, worth about $4.1 billion at current market prices.</p> 
<h2 style="text-align: center;" id="microstrategy-s-commitment-to-bitcoin">MicroStrategy’s Commitment to Bitcoin</h2> 
<p>MicroStrategy’s CEO, Michael Saylor, has been a vocal advocate for Bitcoin, considering it digital gold and a strategic treasury reserve asset. This recent purchase reinforces MicroStrategy’s position as a significant institutional Bitcoin investor.</p> 
<h2 style="text-align: center;" id="microstrategy-s-long-term-bitcoin-strategy">MicroStrategy’s Long-Term Bitcoin Strategy</h2> 
<p>MicroStrategy’s journey into the world of cryptocurrencies began in August 2020 with its initial Bitcoin purchase. They have since continued to accumulate Bitcoin, <a href="https://walletinvestor.com/magazine/microstrategy-plans-750m-stock-sale" target="_blank" rel="noopener">even utilizing debt</a> for some acquisitions. Michael Saylor consistently emphasizes Bitcoin’s underestimated potential compared to other cryptocurrencies, suggesting that altcoins are overvalued and should be sold.</p> 
<h2 style="text-align: center;" id="the-future-of-institutional-bitcoin-investments">The Future of Institutional Bitcoin Investments</h2> 
<p>With Bitcoin gaining recognition as a store of value and a potential hedge against economic uncertainty, it remains to be seen if more institutions will follow MicroStrategy’s example in integrating Bitcoin into their portfolios.</p> 
<h2 style="text-align: center;" id="summary">Summary</h2> 
<p>MicroStrategy’s recent Bitcoin purchases highlight its commitment to the cryptocurrency as a long-term investment. They have consistently added to their Bitcoin holdings, and their CEO, Michael Saylor, continues to champion Bitcoin’s potential in the cryptocurrency market. As the value of Bitcoin becomes increasingly recognized by institutions, it may prompt others to explore Bitcoin as a strategic asset in their portfolios. The ongoing accumulation of Bitcoin by MicroStrategy underscores their belief in its role as a valuable asset and reflects the evolving landscape of institutional investments in the cryptocurrency space.</p>

MicroStrategy’s Ongoing Bitcoin Purchases

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