MicroStrategy’s Massive Bitcoin Purchase

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Source: CoinFactiva.com

Record-Breaking December Acquisition

Between December 9 and 15, MicroStrategy added 15,350 BTC to its holdings. The total cost reached $1.5 billion, with an average price of $100,386 per Bitcoin. This marks one of the company’s largest purchases within a single week.

Growing Bitcoin Reserves

As of December 15, MicroStrategy’s Bitcoin reserves climbed to 439,000 BTC. The company has spent $27.1 billion on these holdings. The average acquisition cost stands at $61,725 per Bitcoin.

Strategic Investment Amid Volatility

This aggressive accumulation highlights MicroStrategy’s long-term commitment to Bitcoin. Despite market fluctuations, the company continues expanding its position in the cryptocurrency space.

Conclusion

MicroStrategy remains a leading example of institutional Bitcoin adoption. Its consistent purchases underline the increasing role of cryptocurrencies in corporate strategy.

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