MicroStrategy continues its Bitcoin buying spree on Monday with the latest announcement from co-founder Michael Saylor. The company has purchased an additional 5,262 BTC at an average price of $106,662, bringing its total BTC holdings to 444,262. The total cost for this Bitcoin was $27.7 billion, but the current value has increased to $42.6 billion. 📈
Despite the price adjustment of BTC, MicroStrategy still demonstrates confidence in the long-term potential of cryptocurrency. The company's stock has risen over 400% in the past year and is set to join the Nasdaq 100. This reflects the strong growth of both the company and the cryptocurrency market. 🚀