MicroStrategy Inc. said it bought an additional 430 tokens
MicroStrategy Inc., whose chairman Michael Saylor has made the enterprise-software company one of the world’s largest corporate Bitcoin holders, said it bought an additional 430 tokens between Aug. 11 and Aug. 17. The purchase cost about $51.4 million, or an average $119,666 per Bitcoin.
The latest acquisition lifts MicroStrategy’s stash to 629,376 Bitcoin, accumulated for roughly $46.15 billion at an average cost of $73,320 apiece. The hoard represents nearly 3% of the cryptocurrency’s fixed 21 million-coin supply and is more than double the amount held by the U.S. government, according to industry data. Saylor added that the company’s Bitcoin position has generated a 25.1% yield so far in 2025, with the token trading near $117,700 after reaching an all-time high of $124,000 last week.
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Source: https://thedefiant.io/news/markets/microstrategy-buys-430-bitcoin-51-million-hoard-tops-629000-cf41d2f1