The company, led by Chairman Michael Saylor, has been a pioneer in adopting Bitcoin as a corporate treasury asset and has become the largest corporate holder of BTC since it began purchasing in 2020. With this purchase, the company now holds 252,220 Bitcoin, worth roughly $16 billion at current prices, having acquired it at an average BTC price of $39,266, at a total cost of $9.9 billion.
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MicroStrategy Increases Bitcoin Holdings by $458 Million, Increases Convertible Note Issuance to $1 Billion
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