MicroStrategy Goes All In on Bitcoin: Purchases $4.6B in BTC, Plans $1.75B Fundraise To Expand Holdings

MicroStrategy has increased its Bitcoin holdings to 331,200 BTC at an average price of $88,627 per Bitcoin. With plans to raise $1.75 billion for further purchases, the company aims to acquire an additional 19,065 BTC. Their market value is around $69 billion.