MicroStrategy (MSTR) added a staggering $22.07 billion worth of Bitcoin (BTC) to its treasury last year, further solidifying its position as the largest corporate holder of the leading cryptocurrency. The move underscores the company's unwavering faith in Bitcoin's long-term value and potential as a hedge against inflation. According to MicroStrategy founder and CEO Michael Saylor, the company purchased 253,320 BTC in 2022 at an average price of $34,650 per coin. This brought the company's total Bitcoin holdings to 132,500 BTC, acquired for $4.03 billion. As of January 5, 2023, MicroStrategy holds a total of 447,470 BTC, acquired for $27.97 billion. The company's aggressive Bitcoin acquisition strategy has paid off handsomely, with its Bitcoin holdings now worth over $51 billion. Saylor's bullish stance on Bitcoin remains unwavering. He believes that Bitcoin is a "digital gold" that will continue to appreciate in value over time. The company's decision to allocate a significant portion of its treasury to Bitcoin is a testament to this belief.

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