MicroStrategy Continues BTC Shopping Spree, Buys 19,452 BTC Worth Over $1 Billion

MicroStrategy its most recent Bitcoin acquisition on the 24th of February. As stated in the announcement, each coin was bought at about $52,765.

Speaking further, Saylor noted that MicroStrategy’s continuous BTC investment shows its belief in Bitcoin as the world’s most adopted digital asset and a store of value. He added:

Phong Le, Microstrategy’s president and CFO also commented on the recent acquisition. Le stated that MicroStrategy’s Bitcoin investment complements the company’s software business. He said the Bitcoin strategy helps to create awareness for its business.

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