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MicroStrategy Breaks its Own Record: Another Massive Purchase for 55,500 BTC (Worth $5.4B)



The business intelligence giant founded and guided by Michael Saylor has done it again on a Monday, breaking its own record for the largest single bitcoin purchase.

In this week’s edition, MicroStrategy said it bought 55,500 BTC for an average price of just under $98,000.

It has now become almost a tradition – the business week begins with a noteworthy BTC purchase from the world’s largest holder of the asset.

After last week’s $4.6 billion acquisition (51,780 BTC), which Saylor himself labeled as the biggest single bitcoin buy, the company has gone on a tear again, breaking its own record.

MicroStrategy’s former CEO announced the latest purchase for 55,500 BTC, worth roughly $5.4 billion, at an average price of $97,862 per bitcoin. This puts the firm’s total stash at 386,700 BTC, bought at an average price of $56,761.

In total, the firm has spent almost $22 billion to acquire its cryptocurrency fortune. Given BTC’s current price of roughly $98,000, that stash is now worth almost $38 billion – or, more than $16 billion in paper profit.

MicroStrategy’s stock prices have been on a roll since the incorporation of the bitcoin strategy. Since the start of the year alone, MSTR have skyrocketed by more than 500%, despite the recent dip.

The interest in MSTR has picked up as well, as there are certain examples where the trading volumes have surpassed those for Apple, Amazon, and Meta – combined.





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