đ **MicroStrategy's Bold Bitcoin Moves: $458.2 Million in New Purchases!** đ
MicroStrategy has added **7,420 Bitcoins** to its impressive portfolio, purchasing at an average price of **$61,750**, as announced by CEO Michael Saylor. This latest acquisition brings their total Bitcoin holdings to **252,220**, representing a staggering **$9.9 billion** investment at an average price of **$39,266**.
With Bitcoin currently trading at **$62,945**, MicroStrategy's holdings are valued at over **$15.8 billion**, making it the largest institutional investor in the crypto space, owning over **1% of Bitcoin's total supply**.
Saylor highlighted the company's strong performance, noting a **5.1% return quarter-to-date** and an impressive **17.8% year-to-date**. The aggressive buying strategy is not only fueling their Bitcoin ambitions but also driving MicroStrategy's stock price, which has surged more than **360% in the past year**.
In a move to enhance accessibility, MicroStrategy also executed a **10-to-1 stock split** of its Class A and Class B common stocks.
With Bitcoin up nearly **20%** since its September low of **$52,550**, MicroStrategy's commitment to the crypto market is making waves. Stay tuned for more updates on their journey!
