MicroStrategy strikes again! This enterprise software company has purchased $1.5 billion worth of Bitcoin, increasing its holdings for the fourth consecutive week. 📈 According to filings with the U.S. Securities and Exchange Commission, they acquired 15,400 Bitcoin in just one week. Since November 11, MicroStrategy has invested over $13.5 billion and currently holds approximately $38 billion in Bitcoin. 💰
MicroStrategy's co-founder Michael Saylor has transformed the company into a 'Bitcoin treasury', a bold move that has attracted Wall Street's attention. So far this year, MicroStrategy's stock price has risen over 500%, significantly outperforming other major stocks. 📊 The company finances these Bitcoin transactions through the sale of convertible notes and issuance of stock.