MicroStrategy continues its bullish Bitcoin bet! They've recently acquired 15,400 more BTC, bringing their total holdings to a whopping 402,100 coins, valued at around $38.4 billion. This makes them the largest corporate holder of Bitcoin.
This aggressive move shows MicroStrategy's strong belief in Bitcoin's long-term potential. However, their stock price has seen some volatility due to Bitcoin's recent price fluctuations.
While this strategy has significantly boosted MicroStrategy's market value, investors should be aware of the risks associated with Bitcoin's price volatility.