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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/microstrategy-invests-458-2-million-in-additional-bitcoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">MicroStrategy Invests $458.2 Million in Additional Bitcoin</a><br></p>
<p style="text-align: justify">MicroStrategy, the world’s largest institutional Bitcoin investor, has made an additional purchase of Bitcoin worth $458.2 million.</p>
<h2 id="7-420-bitcoins-added-to-the-portfolio">7,420 Bitcoins Added to the Portfolio</h2>
<p style="text-align: justify">The company acquired 7,420 Bitcoins at an average price of approximately $61,750. This information was shared by Michael Saylor, the founder and chairman of the company.</p>
<blockquote>
 <p>Michael Saylor stated, “MicroStrategy has achieved a Bitcoin return of 5.1% quarter-to-date and 17.8% year-to-date.”</p>
</blockquote>
<h2 id="total-bitcoin-holdings-reach-252-220">Total Bitcoin Holdings Reach 252,220</h2>
<p style="text-align: justify">With this latest acquisition, MicroStrategy’s total Bitcoin holdings have increased to 252,220. The company has purchased a total of $9.9 billion worth of Bitcoin at an average price of approximately $39,266.</p>
<p style="text-align: justify">Based on Bitcoin’s current trading price of $62,945, the value of MicroStrategy’s Bitcoin holdings exceeds $15.8 billion. The company owns more than 1% of Bitcoin’s total supply and holds the position of the largest institutional investor in the <a href="https://en.coin-turk.com/preparing-for-the-next-bull-run-how-to-make-a-long-term-altcoin-investment/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> space.</p>
<h2 id="marathon-digital-holdings-ranks-second">Marathon Digital Holdings Ranks Second</h2>
<p style="text-align: justify">Marathon Digital Holdings, which boasts the second-largest institutional Bitcoin treasury, holds approximately 26,200 Bitcoins valued at about $1.6 billion. This amount is significantly lower than the number of Bitcoins owned by MicroStrategy.</p>
<p style="text-align: justify">MicroStrategy’s aggressive Bitcoin purchasing strategy has positively affected its stock prices, with MSTR shares increasing by over 360% in the past 12 months.</p>
<p style="text-align: justify">In July, the company announced a 10-for-1 stock split for Class A and Class B common shares. This move aims to make MicroStrategy shares more accessible for investors and employees.</p>
<p style="text-align: justify">Since hitting a low of approximately $52,550 in September 2024, Bitcoin has gained nearly 20% in value. MicroStrategy’s strong commitment to Bitcoin and its large-scale acquisitions are drawing attention in the <a href="https://en.coin-turk.com/cryptocurrencies-face-a-challenging-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency market</a>.</p>
<p>The post <a href="https://en.coin-turk.com/microstrategy-invests-458-2-million-in-additional-bitcoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">MicroStrategy Invests $458.2 Million in Additional Bitcoin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

MicroStrategy Invests $458.2 Million in Additional Bitcoin

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