Another Monday rolls around, and guess what? MicroStrategy is at it again with a jaw-dropping Bitcoin buy! It's like clockwork at this point – the company just can't get enough of that digital gold.
This time around, they’ve splashed out a cool $2.1 billion to snag 21,550 BTC at an average of $98,782 per coin. That’s a hefty addition to their ever-growing Bitcoin mountain.
With this latest blockbuster purchase, MicroStrategy's stash now totals a whopping 423,650 BTC. At today’s prices, that's a staggering $42 billion treasure chest! Given they initially spent around $25.6 billion to amass this crypto fortune, they’re sitting on an eye-popping unrealized profit of over $17 billion. Talk about striking it rich!
If you've been following this saga, you know this is the fifth Monday in a row that MicroStrategy has gone on a Bitcoin shopping spree. And it doesn’t look like they’re planning to stop anytime soon.
In a recent chat, Michael Saylor, the firm’s fearless Bitcoin guru, declared they're in it for the long haul. He’s so bullish he’s predicting Bitcoin could hit $1 million and is even dreaming of a stratospheric $13 million per BTC by 2045. Now that’s some serious crypto confidence!
Stay tuned for more blockbuster buys – who knows what next Monday will bring?
