MicroStrategy added 1,045 Bitcoin to its holdings, with an average purchase price of $70,086.
The company's total spending on Bitcoin has surpassed $40 billion, using a strategic drip-feed approach to avoid market disruptions.
Strategy bought Bitcoin using its STRK and STRF stocks, without issuing new common shares.
The continuous accumulation of Bitcoin by companies like MicroStrategy and others is contributing to a sense of scarcity in the market and impacting Bitcoin prices.