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Bitcoin News: MicroStrategy has doubled its Bitcoin holdings since Trump's election victory.
MicroStrategy has accumulated 376,571 Bitcoin valued at $43.2 billion since Trump's election victory in November.
Bitcoin News: MicroStrategy has doubled its Bitcoin holdings since Trump's election win.
Bitcoin News: MicroStrategy has amassed 376,571 Bitcoin worth $43.2 billion since Trump's election win in November.
The company has managed to accumulate 60% of its current Bitcoin inventory, which amounts to 628,791 in just nine months.
The purchase of 21,021 Bitcoin for $2.46 billion last week was the third largest acquisition ever.
The average purchase price reached $117,256 per coin, indicating conviction despite rising valuations.
Saylor described Bitcoin as the "virus of freedom" and MicroStrategy as the fourth most profitable financial company in the United States.
The company's holdings of Bitcoin now represent 3.16% of the total circulating supply.
MicroStrategy announced a record profit of 10 billion dollars in the second quarter through its Bitcoin treasury strategy.