Strategy's Latest Purchase Adds 4,020 BTC to Reserves

MicroStrategy buys an additional 4,020 BTC, increasing its holdings to 580,250 BTC and reinforcing its status as a major player in corporate Bitcoin adoption.
What’s the Scoop?
- Massive Purchase: MicroStrategy acquired 4,020 BTC for $427.1 million at an average price of $106,237 per Bitcoin.
- Record Holdings: The company now holds 580,250 BTC, representing nearly 3% of Bitcoin's fixed 21 million supply.
- Funding Strategy: The acquisition was funded through the sale of stock and preferred shares, continuing an aggressive capital-raising strategy.