MicroStrategy, a prominent business intelligence firm known for its bullish stance on Bitcoin, has recently made a significant addition to its Bitcoin holdings. Between April 27 and June 19, 2024, the company purchased approximately 11,931 bitcoins, according to a report by Bloomberg.
Total Purchase: ~11,931 Bitcoins
Purchase Period: April 27 - June 19, 2024
Source: Bloomberg (BBG)
This substantial acquisition reaffirms MicroStrategy's commitment to its Bitcoin investment strategy. The company, led by CEO Michael Saylor, has been a strong advocate for Bitcoin as a primary treasury reserve asset. This latest purchase adds to MicroStrategy's already impressive Bitcoin holdings, further solidifying its position as one of the largest corporate holders of Bitcoin.