MicroStrategy, the American business intelligence firm, has just announced its latest acquisition of an additional 1,045 Bitcoin (BTC) for approximately $29.3 million at an average price of $28,016 per BTC. This news was announced in a tweet by Microstrategy (NASDAQ:MSTR)'s executive chairman, Michael Saylor, on April 5.
As of April 5, 2023, MicroStrategy holds a total of 140,000 Bitcoin, which were acquired for approximately $4.17 billion at an average price of $29,803 per BTC. This news comes as a significant milestone for the company as it continues to invest in Bitcoin as a reserve asset.