🚨
#MicroStrategyAddsBTCFor1.28B – Market Update & Analysis
On March 9, MicroStrategy revealed it purchased 17,994 BTC last week (March 2–8) for about $1.28 billion, at an average price of $70,946 per BTC.
Key Highlights:
After this purchase, MicroStrategy’s total Bitcoin holdings reached 738,731 BTC, with an average cost of $75,862 per coin, totaling roughly $56.04 billion.
The acquisition was mainly funded through equity financing via common and preferred stock offerings.
Following the announcement, Bitcoin briefly surged past $68,000, reflecting investor confidence and market momentum.
🎯 D