MicroStrategy’s Bitcoin Holdings Surge To 226,500 BTC!

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 2, 2024 14:15

The massive Bitcoin holdings of MicroStrategy have surged to 226,500 BTC. Earlier today, Saylor took to X to announce that the company had acquired an additional 169 BTC for $11.4 million this July. The current value of its Bitcoin holdings has surpassed $14.5 billion. In a follow-up social media post, Saylor stressed that the Bitcoin strategy is the best, highlighting the impressive performance of his company’s shares. Since the adoption of the strategy, the stock is up an impressive 1,206%, while the tech-heavy Nasdaq 100 is up only 60% over the same period.