.MicroStrategy continues to strengthen its bitcoin treasure chest with its latest purchase of $347 million worth of $BTC. By parikshitm899.
With the most recent purchase, MicroStrategy now holds 152,333 bitcoin, worth over $4.6 billion at current prices.
The company, which was founded by crypto billionaire Michael Saylor, is one of the largest HODLers of bitcoin. MicroStrategy also said it sold some $333.7 million of its shares as per aIn May, the firm had booked a smaller than expected write down for the first quarter on its bitcoin's holdings. Shares of the firm were down 1% at $321.44 during pre-market trading, mirroring bitcoin, which was down over 1% at $30,288.
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