World-renowned #Bitcoin bull MicroStrategy has made another significant acquisition of BTC, deploying billions of dollars into the crypto market for the fourth consecutive week.
The company’s chairman, Michael Saylor, revealed the news in a post on X today. He disclosed that the firm had acquired an additional 15,400 BTC for approximately $1.5 billion at an average price of $95,976 per BTC.
With this latest purchase, MicroStrategy now holds a total of 402,100 BTC. The company built this portfolio over the past four years with a cumulative investment of $23.4 billion. This brings the average cost of each token to $58,263. Accordingly, the company now sits on an unrealized profit of $15.1 billion from its Bitcoin holdings.
Saylor proudly shared that the Bitcoin portfolio has yielded a 38.7% return on a quarter-to-date basis and an impressive 63.3% return year-to-date.
