MicroStrategy expands Bitcoin holdings with $458 Million acquisition

#MicroStrategy has acquired an additional 7,420 bitcoins for approximately $458 million, increasing its total holdings to 252,220 $BTC . This latest purchase occurred between September 13 and September 19, with an average price of $61,750 per #bitcoin , according to an SEC filing.

The company’s total bitcoin investment now stands at around $9.9 billion, with an average purchase price of $39,266 per bitcoin. This acquisition follows MicroStrategy's earlier purchase of 18,300 BTC for $1.1 billion within the past month.