Further increasing their Bitcoin holdings, publicly-traded company MicroStrategy has now acquired an additional 19,452 Bitcoins worth about $1.026 billion. The company’s CEO Michael Saylor broke the news on Twitter and said that MicroStrategy purchased the asset for $52,765 per bitcoin.
As of 24 February, the firm holds about 90,531 Bitcoins to date, making it the largest institutional investor of the asset. According to BitcoinTreasuries, Tesla, Galaxy Digital and Square rank second, third, and fourth in the list of corporate buyers of the asset.
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