In response to Bitcoin’s escalating value, MicroStrategy allocates approximately $822 million for the acquisition of an additional 12,000 bitcoins. These purchases occur between Feb. 26 and March 10, with an average cost of $68,477 per bitcoin, reflecting MicroStrategy’s continued commitment to expanding its cryptocurrency holdings. On March 12, 2023, Blackrock purchased 11,871 bitcoins via $IBIT, … Continue reading MicroStrategy Surpasses BlackRock: Acquires $822 Million Worth of Bitcoin, Boosting Holdings to 205,000 Amidst Record-Setting Prices