Microstrategy and Bitcoin are back in the spotlight! 🚀 The company just bought 2,138 Bitcoins worth $209 million, bringing their total holdings to 446,400 BTC. Michael Saylor, Microstrategy’s founder, remains committed to BTC despite the price fluctuations. This is the eighth consecutive week they have bought Bitcoin.

To fund the purchase, Microstrategy sold 592,987 shares. Their average purchase price was around $97,837 per BTC. Despite the criticism, their Bitcoin strategy has shown impressive results with a 2024 yield of 74%.

Microstrategy also plans to increase the number of shares it can issue to raise more funds to buy Bitcoin. Saylor believes Bitcoin is the future of money and is not afraid of criticism. 🌟