MicroStrategy has significantly expanded its Bitcoin holdings, now totaling approximately $36 billion. The latest acquisition of 55,500 BTC for $5.4 billion on November 25, 2024, marks the company's largest purchase ever, surpassing its previous record by about $800 million. Despite slight declines in Bitcoin’s price following announcements, MicroStrategy's aggressive strategy since its first purchase in 2020 has reshaped the company into a significant player in the cryptocurrency space. The cumulative strategy includes notable earlier purchases such as 51,780 BTC for $4.6 billion and 29,646 BTC for $650 million, showcasing MicroStrategy's bullish outlook on Bitcoin's long-term value. Overall, the firm has acquired a total of 386,700 BTC since inception, demonstrating a proactive approach to corporate treasury management amidst fluctuating market conditions.

Source 🔗