The purchase boosts the company’s total bitcoin holdings to 846,842 BTC as reserves rise to $1.1 billion.
MicroStrategy acquired 1,587 bitcoin for $100 million, increasing its total holdings to 846,842 BTC. The purchase was made at an average price of $63,024 per bitcoin.
The company also disclosed an increase in its USD reserves to $1.1 billion. Bitcoin is currently trading above $66,000, supporting a 5% pre-market rise in MicroStrategy shares.
The move follows a pattern of accumulating bitcoin as part of its corporate treasury strategy.