MicroStrategy Continues to Add More Bitcoins to Its Stash
Adekunle Joshua
The world's largest institutional Bitcoin holder, MicroStrategy, has once again purchased an additional 155 Bitcoins
This acquisition has increased the company's holdings to 158,400 BTC
MicroStrategy has consistently maintained optimism regarding Bitcoin's potential as the premier treasury reserve asset and sees BTC as a viable solution to the store of value dilemma
To date, MicroStrategy has realized gains on its Bitcoin investments, having acquired it at an average price of $29,586 per Bitcoin
In addition to MicroStrategy, an increasing number of public companies are embracing Bitcoin, with 71 prominent institutional entities now collectively owning 1.9 million BTC
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