🍕 Bitcoin Pizza Day is Almost Here!
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📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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MicroStrategy Continues Bitcoin Purchases: New Investment of $180.3 Million! - Coin Bulletin
MicroStrategy continued its Bitcoin strategy by purchasing 1,895 BTC valued at 180.3 million dollars, increasing its total Bitcoin holdings to 555,450 BTC.
The pioneer of corporate Bitcoin investments, MicroStrategy, continued its regular purchasing strategy this week. The company's CEO, Michael Saylor, announced on his social media account that they purchased 1,895 BTC at an average price of $95,167 per Bitcoin. With this purchase, the company stated that it has achieved a 14% Bitcoin return since the beginning of 2025.
Dev Bitcoin reserve
According to the data shared by Michael Saylor, as of May 4, 2025, the total amount of Bitcoin held by MicroStrategy reached 555,450 BTC. The company spent approximately 38.08 billion dollars in total to acquire this massive cryptocurrency asset, with an average cost of 68,550 dollars per Bitcoin.
MicroStrategy's consistently maintained weekly Bitcoin purchases are considered an important indicator of institutional confidence in the cryptocurrency market. Despite recent fluctuations in Bitcoin prices, the company does not abandon its long-term strategy and continues to increase its reserves whenever possible.
Market experts indicate that MicroStrategy's resolute stance could serve as an example for other institutional investors and contribute to an increase in institutional interest in Bitcoin. Additionally, the company's regular purchases are interpreted as providing a certain support level for the Bitcoin market.