"MicroStrategy, led by Michael Saylor, announced details of its latest investment deals in the crypto market after filing its financial disclosure with the U.S. Securities and Exchange Commission (SEC).
Purchase quantity: The company purchased an additional 1,665 Bitcoin ($BTC).
Total deal value: Approximately $142.7 million.
Average purchase price per coin: The transaction was made at an average price of $85,681 per Bitcoin (including fees and expenses).
📈 Total holding volume for the company:
After this transaction, MicroStrategy’s total Bitcoin reserve rose to 847,666 BTC, reflecting the continued strategy.
As a result, the company now holds a total of 847,666 BTC. The main idea behind the post is that the management, associated with Michael Saylor, is still following a long-term strategy of using Bitcoin as the company’s primary reserve asset instead of holding cash only."