MicroStrategy has indicated it plans to acquire more Bitcoin following a recent massive purchase. The company, which holds the world’s largest corporate Bitcoin treasury, recently added 34,164 BTC for over $2.5 billion. Its total holdings of 815,061 BTC are now valued at approximately $63.6 billion and are currently profitable, having gained about 3.3% amid Bitcoin’s price rally.
MicroStrategy co-founder Michael Saylor has signaled the company intends to increase its Bitcoin holdings. Saylor shared a chart detailing the firm’s 107 Bitcoin transactions since 2020, a move that has historically preceded new purchases.
The company’s Bitcoin treasury is currently profitable, having gained about 3.3% in value. This gain aligns with Bitcoin’s recent price rally to approximately $78,000.
Less than a week prior to this signal, MicroStrategy completed its most recent Bitcoin acquisition. The company purchased 34,164 coins for more than $2.5 billion.
This purchase brought MicroStrategy‘s total holdings to 815,061 Bitcoin. According to the company’s data, this stash was worth about $63.6 billion at the time of reporting.
