Business intelligence firm MicroStrategy (NASDAQ:MSTR), spearheaded by Michael Saylor, has once again demonstrated its unwavering faith in Bitcoin (CRYPTO: BTC), adding to its digital asset reserves for the twelfth consecutive week.
The company snapped up another 10,107 Bitcoin, bringing their total cache to 471,107 BTC.
Saylor announced the purchase on X, formerly known as Twitter.
What Happened: The latest acquisition was completed at an average cost of $105,596 per Bitcoin, which has changed the overall cost basis for the company’s total holdings to $64,511 each.
This consistent and strategic investment reinforces MicroStrategy’s long-term bet on the cryptocurrency.
Before the …
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