MicroStrategy has announced a substantial acquisition of 2,138 bitcoins, valued at approximately $209 million. With this purchase, the average cost per bitcoin stood at roughly $97,837. This latest addition has significantly bolstered their cryptocurrency holdings, bringing their total to 446,400 bitcoins, which were acquired for around $27.9 billion at an average cost of $62,428 each.

This move marks a significant milestone for MicroStrategy, showcasing a robust quarter-to-date bitcoin yield of 47.8% and an even more impressive year-to-date yield of 74.1%. These figures reflect the company’s aggressive investment strategy and its bullish outlook on the long-term value of bitcoin.

Given these developments, MicroStrategy continues to reinforce its position as a major institutional investor in the cryptocurrency market. Their strategy highlights a strong belief in the growth potential of digital assets, particularly bitcoin, which remains a cornerstone of their investment thesis.