MicroStrategy has acquired an additional 1,045 Bitcoin for approximately $29.3 million at an average price of $28,016 per BTC, bringing its total holdings to 140,000 Bitcoin acquired for approximately $4.17 billion at an average price of $29,803 per BTC. MicroStrategy's executive chairman, Michael Saylor, has been an outspoken advocate for Bitcoin and has led the charge for corporations to adopt the cryptocurrency as a strategic asset. The company's Bitcoin strategy appears to be a dollar cost averaging approach with vast amounts of money. This latest purchase is a testament to MicroStrategy's confidence in the long-term potential of Bitcoin as a store of value.

(By JOSEPH HALL)