Key Highlights:

• MicroStrategy scoops up 9,245 Bitcoins in a week-long shopping spree.
• The acquisition cost the company a hefty $623 million.

Yello, ParadiseSquad! Let’s dive into MicroStrategy’s latest Bitcoin spree! MicroStrategy, under the leadership of Bitcoin bull Michael Saylor, continues its Bitcoin buying bonanza. This time, they’ve bagged an additional 9,245 BTC, forking out $623 million. This move amplifies the company’s massive Bitcoin reserve. They snagged each Bitcoin at an average price of $67,382, shelling out a grand total of $623 million. As of March 18, 2024, MicroStrategy’s Bitcoin count has soared to 214,246 BTC, with an average purchase price of $35,160 per Bitcoin over time.

What’s the Vibe, Paradisers?

With MicroStrategy’s unwavering commitment to Bitcoin, how do you see this influencing the broader crypto landscape? Is this a bullish signal for Bitcoin, or just another day in the life of Michael Saylor’s company? Let’s chat and share your insights!