MicroStrategy Buys 10,100 Bitcoin for $1.05 Billion, Holdings Reach 592,100 BTC – Crypto News – Crypto News
Connect with us
MicroStrategy Buys 10,100 Bitcoin for $1.05 Billion, Holdings Reach 592,100 BTC MicroStrategy Buys 10,100 Bitcoin for $1.05 Billion, Holdings Reach 592,100 BTC

De-fi

MicroStrategy Buys 10,100 Bitcoin for $1.05 Billion, Holdings Reach 592,100 BTC – Crypto News

Published

2 months ago

on

MicroStrategy said it bought 10,100 bitcoin between 9 June and 15 June for approximately $1

MicroStrategy said it bought 10,100 bitcoin between 9 June and 15 June for approximately $1.05 billion, paying an average of roughly $104,080 per token. Executive Chairman Michael Saylor disclosed the purchase, noting that the company’s bitcoin portfolio has generated a 19.1% year-to-date yield in 2025.

The latest acquisition lifts the enterprise-software maker’s total holdings to about 592,100 bitcoin, obtained at a cumulative cost of $41.84 billion, or an average of $70,666 per coin. MicroStrategy remains the largest corporate holder of the cryptocurrency.

According to the company, the purchase was financed with proceeds from its recent STRD offering, continuing a strategy of using debt and equity issuance to expand its bitcoin treasury.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Related Topics:
Continue Reading

Trending