The company now holds 402,100 Bitcoin units, worth more than $38 billion, and plans are underway to purchase more BTCs in the coming years.

The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.

Bitcoin miner MARA Holdings (MARA) has continued its pursuit of MicroStrategy’s Bitcoin acquisition strategy, recently purchasing 6,484 BTC for approximately $618.3 million in cash between the 1st of October and the 30th of November, at an average cost of $95,352 per token.

MicroStrategy became the undisputed darling of Wall Street in 2024, having risen by over 500%. See why we're very bullish on MSTR stock's long-term potential.

Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 15,400 Bitcoin for $1.5 billion, at an average price of $95,976 per coin, which helped its total BTC balance surpass 402,

The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.

MicroStrategy Inc. bought another $1.5 billion in Bitcoin, the fourth consecutive weekly purchase announced by the crypto hedge fund proxy.

Key Takeaways MicroStrategy purchased another $1.5 billion worth of bitcoin.The company now holds nearly 2% of all the bitcoin that will ever exist.MicroStrategy Chairman Michael Saylor also presented to the Microsoft board regarding the benefits of holding bitcoin last week.