MicroStrategy announced that in the past week it has used $561 million in cash to purchase an additional 5,262 Bitcoins, at an average price of $106,662 per coin.

The funds came from the sale of 1.3 million convertible bonds, and the company still has $7.08 billion in bonds to raise in the future.

With the additional BTC purchase in the investment portfolio, billionaire Michael Saylor's company has increased its total Bitcoin holdings to 444,262 BTC, with an average purchase price of $62,257 per BTC.

MicroStrategy's continuous increase in Bitcoin holdings demonstrates the company's strong confidence in the future of this digital currency. MicroStrategy's bold decision not only has a positive impact on Bitcoin but also sets a new standard for businesses investing in digital assets.

Currently, MicroStrategy is in profit.
#BTC☀ #MicroStrategy's

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