04.08.2025 19:23
MicroStrategy, the business intelligence firm headed by Executive Chairman Michael Saylor, significantly expanded its Bitcoin holdings. On August 4th, financial market data revealed a substantial purchase of 21,021 Bitcoin, costing approximately $2.4 billion.
This acquisition solidifies MicroStrategy's position as the world's largest corporate Bitcoin holder. The Virginia-based company, championing Bitcoin as a long-term inflation hedge since 2020, now boasts a treasury holding of roughly 235,000 Bitcoin, following this latest transaction. This impressive hoard is currently valued at approximately $27 billion, based on prevailing market prices.
MicroStrategy's unwavering commitment to Bitcoin accumulation stands in stark contrast to the cryptocurrency's volatile history. The company's continued purchases come amidst a remarkable surge in Bitcoin's value, exceeding a 1400% increase from its pandemic lows, recently trading near $115,000.
This aggressive Bitcoin strategy has positively impacted MicroStrategy's stock performance. Outperforming the Nasdaq this year, the company's shares are seen by many investors as a leveraged bet on Bitcoin's future price appreciation. Information on this purchase was sourced from internet resources.