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MicroStrategy Adds 7,420 More Bitcoin To Its Coffers, Secures $1 Billion In Cash For More BTC Acquisitions

  • MicroStrategy has acquired an additional 7,420 BTC for nearly $460 million, increasing its total Bitcoin holdings to about 252,220 Bitcoins.
  • The latest purchase adds to MicroStrategy's ongoing effort to accumulate Bitcoin, with a previous acquisition of 4,420 BTC worth $458.2 million.
  • MicroStrategy has achieved a BTC yield of 5.1% quarter to date and 17.8% year to date, holding a total of 252,220 BTC acquired for around $9.9 billion.
  • The company secured $1.01 billion through a convertible senior note sale, indicating its readiness for further Bitcoin acquisitions.

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