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MicroStrategy Adds 5,262 Bitcoin, Holdings Top Over 444K

Mary Liu

Summary: MicroStrategy (MSTR) has added another 5,262 Bitcoin to its holdings, bringing the total to 444,262. The company spent $561 million, averaging $106,662 per Bitcoin, according to Executive Chairman Michael Saylor. Despite its massive Bitcoin holdings, MicroStrategy's core software business remains a concern for some investors. They question the company's premium valuation and its reliance on ...

MicroStrategy (MSTR) has added another 5,262 Bitcoin to its holdings, bringing the total to 444,262. The company spent $561 million, averaging $106,662 per Bitcoin, according to Executive Chairman Michael Saylor.

Despite its massive Bitcoin holdings, MicroStrategy's core software business remains a concern for some investors. They question the company's premium valuation and its reliance on debt and equity offerings to buy more Bitcoin.

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