Hold onto your hats, folks, because MicroStrategy is on a Bitcoin buying spree like no other! With their latest jaw-dropping acquisition, they've now amassed a whopping 470,000+ Bitcoins! Talk about going big or going home!
Michael Saylor, the brain behind MicroStrategy, just dropped the news bomb about their latest massive Bitcoin shopping spree. This company is as consistent as your morning coffee, announcing fresh Bitcoin buys every Monday like clockwork.
In their latest splurge, they snagged a mind-boggling 10,107 Bitcoins for a cool $1.1 billion. That's about $105,596 per Bitcoin! Now, their treasure chest boasts a staggering 471,107 Bitcoins, scooped up for a total of $30.4 billion at an average of $64,511 per Bitcoin.
Even with the ups and downs of the market, this mountain of digital gold is now worth a dazzling $46.6 billion, giving MicroStrategy a paper profit of over $15 billion. Cha-ching!
But here's the kicker – every time MicroStrategy announces a new Bitcoin haul, the market seems to do a little dance. This time around, Bitcoin's price had already taken a $7,000 dip since the morning, making it all the more intriguing to see how things unfold as the day goes on.
Stay tuned, crypto enthusiasts, because this Bitcoin rollercoaster ride is far from over!
