Breaking News: MicroStrategy Acquires $29.3M worth of Bitcoin, Now Holds 140K BTC

Last updated: February 17, 2025 9:28 am

By Yashu Gola 1 Min Read

Breaking News: MicroStrategy Acquires $29.3M worth of Bitcoin, Now Holds 180K BTC

YEREVAN (CoinChapter.com) — MicroStrategy announced on April 5 that it had purchased approximately 1,045 Bitcoin (BTC) at an average rate of around $28,000 per token, amounting to a $29.3 million purchase.

MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR https://t.co/IBufTxalnv
— Michael Saylor⚡️ (@saylor) April 5, 2023

The business intelligence firm now holds 140,000 BTC worth $4 billion, according to the current BTC/USD exchange rates. It remains the top public company with maximum crypto exposure, holding nearly 0.66% of the total Bitcoin supply.

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Bitcoin price was stable at around $28,500 after the news.

–This story is developing–

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including CoinChapter, NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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Yashu Gola

2 responses to “Breaking News: MicroStrategy Acquires $29.3M worth of Bitcoin, Now Holds 140K BTC”

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