MicroStrategy purchased 2,530 BTC at an average price of 95,972 USD per BTC. The company expanded its holdings to a total of 450,000 BTC, valued at over 40 billion USD. All its BTC acquisitions cost approximately 28.2 billion USD.
The recent buy marks ten consecutive weeks of BTC acquisitions, totaling over 18 billion USD. Analysts indicate that MicroStrategy could attract institutional investors by expanding its capital strategies to include preferred stock offerings, which may enhance its buying power.
MicroStrategy’s stock closed down 1.1% at 327.91 USD, despite a yearly increase exceeding 447%. The firm’s HIGH market capitalization of 81 billion USD significantly contrasts with its BTC net asset value.