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**MicroStrategy Expands Bitcoin Holdings with New Purchase**
MicroStrategy has announced the acquisition of approximately 18,300 Bitcoin at an average price of $60,408 each. This notable purchase adds to the company’s already substantial holdings, which now total 244,800 Bitcoin. The overall investment in these digital assets amounts to around $9.45 billion, with an average purchase price of $38,585 per Bitcoin.
The recent acquisitions were financed through proceeds from stock sales conducted under a Sales Agreement, indicating the company’s ongoing commitment to Bitcoin as a key asset for its treasury strategy. This move highlights MicroStrategy’s aggressive stance in the cryptocurrency market, reinforcing its position as one of the largest corporate holders of Bitcoin. As the crypto landscape evolves, the company’s bold investments continue to attract attention from investors and analysts alike.
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