The DCA Bitcoin Saint continues to buy an additional 27,200 Bitcoin, total profit of 12 billion USD 🤑
MicroStrategy has just purchased an additional 27,200 Bitcoin, bringing the total number of BTC held by the company to 279,420 BTC, with an average purchase price of 42,692 USD.
This purchase is worth over 2 billion USD, increasing MicroStrategy's Bitcoin portfolio to about 23 billion USD, double the initial investment.
• The Bitcoin purchase occurred right after Donald Trump's election victory, raising expectations for crypto-friendly policies from the new administration.
• This event, along with the record trading volume of BlackRock's Bitcoin ETF, has created a strong price momentum for the market.
MicroStrategy's stock also rose 9% after the news, indicating investor confidence in CEO Michael Saylor's Bitcoin accumulation strategy.
