MicroStrategy, now known as Strategy, has announced another Bitcoin purchase, which it made between April 14 and April 20. This brings the company’s total Bitcoin holdings to 538,200 BTC.
MicroStrategy Purchases 6,556 BTC For $555 Million
In a press release, MicroStrategy announced that it had purchased 6,556 Bitcoins for $555.80 million at an average price of $84,785 per BTC. The company, which is now known as Strategy, has also achieved a BTC yield of 12.1% year-to-date (YTD).
Michael Saylor’s company now holds 538,200 BTC, which it acquired for $36.47 billion at an average price of $67,766 per bitcoin. The firm remains the public company with the largest Bitcoin holdings, well ahead of the rest, including MARA Holdings.
Boluwatife Adeyemi
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