Business software company MicroStrategy, known for being the largest holder of bitcoin among publicly traded companies, has increased its position in the market by acquiring 10,107 BTC for a total of $1.1 billion.
This purchase, announced by the CEO and MicroStrategy co-founder Michael Saylorwas made at an average price of $105,596 per bitcoin.
With this acquisition, the company now holds a total of 471,107 BTC in its reservesvalued at approximately $30 billion, at an average cost of $64,511 per bitcoin.
The operation is part of a strategic plan approved by the company’s shareholders, who ratified two key amendments to increase the number of authorized shareslast week, as reported by CriptoNoticias.
This movement, which includes both Class A common stock and preferred stock, seeks to facilitate fundraising to sustain and expand bitcoin accumulation as an integral part of corporate strategy.
Bitcoin as a financial pillar since 2020
Since 2020, MicroStrategy has adopted bitcoin as a core component of its financial strategy.
Michael Saylor has defended the currency as a store of value against inflation and the volatility of traditional currencies. Through this vision, The company has consistently accumulated bitcoin, even during periods of market uncertainty.
According to Saylor, the company not only considers bitcoin as a protection tool against inflation, but also as a strategic asset for value creation over time.
With this latest purchase, the company reaffirms its commitment to bitcoin accumulation, sending a clear signal to the market about its confidence in the long-term potential of the digital asset.
