MicroStrategy has significantly increased its Bitcoin holdings by acquiring an additional 10,645 BTC, investing nearly $1 billion at an average price of $92,098 per coin. This purchase elevates the company's total Bitcoin reserves to 671,268 BTC, now valued at approximately $60 billion. The acquisition was financed through a $989 million stock sale, leaving the firm with $1.4 billion in cash reserves for dividends and managing its risk-to-reward ratio. As market volatility persists, MicroStrategy continues to strategically adjust its balance sheet.
MicroStrategy Acquires 10,645 Bitcoin, Expanding Holdings to $60 Billion
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