MicroStrategy, led by Executive Chairman Michael Saylor, has purchased an additional 51,780 Bitcoin for $4.6 billion, bringing its total holdings to 331,200 BTC. The company started acquiring Bitcoin in August 2020 and has spent approximately $16.5 billion overall. Current valuations place their Bitcoin assets just shy of $30 billion, given recent prices near $90,000 per Bitcoin. To fund this purchase, MicroStrategy utilized its at-the-market share issuance program, selling around 13.6 million shares. This latest acquisition follows a prior buy of 27,200 Bitcoin for $2 billion, totaling approximately 72,000 BTC acquired for $6.6 billion in recent weeks. MicroStrategy still has around $15.3 billion of stock available for future sales under the current issuance program.

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