MicroStrategy announced today that between April 14 and April 20, it acquired an additional 6,556 bitcoins for approximately $555 million, at an average price of $84,785 per bitcoin. This investment comes during a period of market volatility and speculation surrounding potential U.S. government interest in Bitcoin reserves.
The move reflects MicroStrategy's continued confidence in Bitcoin as a store of value. The company has been actively accumulating Bitcoin over the past few years, making it a significant holder of the cryptocurrency.
Current cryptocurrency rates (as of April 23, 2025, 12:25 PM UTC): Bitcoin is trading around $65,000, Ethereum at $3,200, and USDT maintaining its peg to the US dollar. These figures are subject to change based on market activity.