Web Analytics
The Defiant
2025-03-24 13:35:15

MicroStrategy Adds $584 Million in Bitcoin, Holdings Surpass 500,000 BTC

MicroStrategy, led by CEO Michael Saylor, has acquired an additional 6,911 bitcoins between March 17 and March 23, 2025. The purchase was made at an average price of $84,529 per bitcoin, totaling $584.1 million. This latest acquisition brings the company's total bitcoin holdings to 506,137 BTC, making it the first corporation to hold over half a million bitcoins. The cumulative cost of these acquisitions amounts to approximately $33.7 billion, with an average purchase price of $66,608 per bitcoin. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.