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.