LATEST: MicroStrategy Adds 6,067 BTC Worth $167 Million in Q3 2023, Now Holds 158,400 BTC

MicroStrategy, a staunch Bitcoin investor, revealed in its Q3 2023 earnings report on November 1 that it had acquired an additional batch of Bitcoin. The company’s CFO, Andrew Kang, stated they now hold 158,400 bitcoins, adding 6,067 since the end of Q2. The total market value of their Bitcoin holdings stood at $4.277 billion as of September 30. MicroStrategy started buying Bitcoin in 2020 and now considers it a core part of its corporate strategy, with the largest publicly traded Bitcoin holdings, surpassing $4 billion. CEO Michael Saylor highlighted Bitcoin’s impressive performance in 2023, outperforming other assets.

41.1K Reads