Microstrategy acquired 2,138 BTC, making its total 446,400 BTC, valued at about 42.13 billion USD. The acquisition reflects the company’s continued faith in BTC as a long-term strategic asset, aiming to strengthen its position in the cryptocurrency market.

MSTR stock has fallen by 36.81%, from 494.73 USD to 312.66 USD. Despite strong Bitcoin holdings, this decrease highlights challenges around Microstrategy’s strategy and its impact on stock value. Investors express concern over its stock volatility and potential misalignment with Bitcoin price.