MicroStrategy (MSTR) has accumulated an additional 122 BTC for $7.8 million
"It is through our unique bitcoin strategy and solid track record as an operating company that we now hold 214,400 bitcoins at an average purchase price of $35,180 per bitcoin."
MicroStrategy released its financial report for the first quarter of 2024 on April 29, 2024. According to reports, the company's 214,400 Bitcoin holdings amount to a total of $7.54 billion, or $35,180 per Bitcoin, as of April 26. Since the last quarter of 2023, MicroStrategy has acquired 25,250 Bitcoins for $1.65 billion, or $65,232 per Bitcoin.
Phong Le, President and Chief Executive Officer, MicroStrategy asserted that the firm is committed to the development of Bitcoin through their "activities in the financial markets, advocacy and technology innovation." He added,
"It is through our unique bitcoin strategy and solid track record as an operating company that we now hold 214,400 bitcoins at an average purchase price of $35,180 per bitcoin."
