$BTC

MicroStrategy's Latest Bitcoin Acquisition: Key Highlights

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💥 New Acquisition

BTC Acquired: 2,138 BTC

Total Cost: ~$209M

Purchase Price: ~$97,837 per BTC

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MicroStrategy's Total Bitcoin Holdings

Total Balance: 446,400 BTC

Current Value: $41.4B

Average Purchase Price: $62,480 per BTC

Profit: $13.5B

% of Circulating Supply Owned: 2.25%

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Insights

1. Aggressive Strategy:

MicroStrategy continues to solidify its position as a leading corporate BTC holder.

2. Profitability:

Despite fluctuations, their average acquisition price leaves them with significant profit margins.

3. Market Impact:

With 2.25% of Bitcoin’s circulating supply, MicroStrategy's moves can influence market dynamics.

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Investor Takeaway

MicroStrategy’s unwavering commitment to Bitcoin strengthens market confidence. Their strategy hints at long-term bullish sentiment, making Bitcoin a focal point for institutional investment.

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