MicroStrategy, led by crypto enthusiast Michael Saylor, has just acquired 18,300 Bitcoin worth $1.11 billion. This move boosts their total holdings to 244,800 BTC as of September 12, 2024. The firm’s average purchase price is around $35,000 per Bitcoin, with a cumulative investment of $8.638 billion. This substantial purchase highlights MicroStrategy’s continued bullish stance on Bitcoin, reinforcing its commitment to digital assets despite market fluctuations.
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