MicroStrategy Expands Bitcoin Holdings with $1.5B Purchase at $95K Each

TL;DR MicroStrategy acquired 15,400 BTC for $1.5 billion, increasing its total holdings to 402,100 BTC, with an estimated value of over $38 billion. The purchase was funded through the sale of 3,728,507 shares, as part of a strategy to raise $42 billion and continue investing in Bitcoin. Michael Saylor supports this approach, highlighting a 63.3% ... source: https://crypto-economy.com/microstrategy-expands-bitcoin-holdings-with-1-5b-purchase-at-95k-each/