MicroStrategy has completed its largest Bitcoin acquisition to date, purchasing 55,500 BTC for approximately $5.4 billion. This acquisition brings the firm's total Bitcoin holdings to 386,700, valued at around $37.6 billion. The purchase was made recently, as part of a series of investments made within the same month, highlighting the company’s continued commitment to accumulating Bitcoin since it started this strategy in August 2020 under Executive Chairman Michael Saylor. The recent buy averaged about $97,862 per Bitcoin, funded through the proceeds from convertible note offerings and shares sold by the company. Michael Saylor noted that the company had achieved a Bitcoin yield of 35.2% quarter-to-date (QTD) and 59.3% year-to-date (YTD). MicroStrategy's aggressive accumulation strategy positions it as a significant player in the cryptocurrency market, reflecting broader trends of institutional investment in Bitcoin.

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