MicroStrategy continues to increase its Bitcoin holdings, recently purchasing 122 BTC for almost $8 million. In 2024 alone, the NASDAQ-listed giant purchased over 25,000 BTC.

In April, MicroStrategy purchased an additional 122 BTC for $7.8 million and now owns 214,400 BTC.

At the same time, the company noted a decrease in revenue and a net loss in the first quarter of 2024.

Despite the recent decline in the price of the cryptocurrency, MicroStrategy continues to increase its Bitcoin holdings.