MicroStrategy, a business intelligence company, has acquired 27,200 BTC for over $2 billion, bringing its total holdings to 279,420 bitcoins. This news comes after the company raised $2.03 billion and follows a surge in Bitcoin prices, reaching a new all-time high above $84,000. MicroStrategy has spent $11.9 billion to buy BTC at an average price of $42,692 per coin.
At the current price of $84,153, MicroStrategy’s Bitcoin holdings amount to over $23.5 billion. The company’s BTC holdings have achieved a yield of 7.3% quarter to date and 26.4% year-to-date.
