A few hours ago, MicroStrategy announced the acquisition of 11,931 BTC for approximately $786 million. This purchase comes on the heels of their offering Convertible Senior Notes to investors.
This $786 million buy marks MicroStrategy's third-largest acquisition, with only the purchases on February 24, 2021, and March 10, 2024, involving a higher dollar value.
With this latest acquisition, MicroStrategy's total bitcoin holdings have reached 226,331 BTC, solidifying their status as one of the largest whales in the bitcoin market.
Currently, their unrealized profits stand at an impressive $6.3 billion.
For more details and to track MicroStrategy's metrics, visit the CryptoQuant Dashboard through the link below.
Written by maartunn
