Michael Saylor, co-founder and executive chairman of MicroStrategy and major Bitcoin investor, has announced on X the purchase of another large amount of Bitcoin.
MicroStrategy bought 5,445 BTC for $147.3 million, at an average price of $27,053 per coin. This brings their total Bitcoin holdings to approximately 158,245 BTC, which they acquired at an average price of $29,582 per coin.
With this latest purchase, MicroStrategy’s total Bitcoin investment amounts to $4.68 billion. This move is seen as a bullish signal to the market, indicating continued confidence in the long-term value and potential of Bitcoin.
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