MicroStrategy purchases an additional 950 BTC for $76 million, expanding its total holdings to 846,000 BTC (4% of all circulating supply).
Macro & Markets ·
MicroStrategy acquired an additional 950 bitcoin for $76 million, bringing its total holdings to 846,000 BTC, according to reporting. This purchase represents an expansion of the company's bitcoin treasury strategy, with its total holdings now representing approximately 4% of the 21 million bitcoin supply cap and valued at roughly $72 billion.
The acquisition continues a pattern of regular bitcoin purchases by the company. According to separate reporting, the purchase was made at an average price consistent with recent market levels, and the company's unrealized gains on its holdings reached $8 billion following the transaction.
The timing and execution details of how the company acquired these additional tokens, as well as any future purchase plans, remain unspecified in available reporting.