MicroStrategy, the largest corporate holder of On Monday, the software firm and “Bitcoin development company” announced its MicroStrategy As of Friday, MicroStrategy holds 214,400 Bitcoin, or $13.5 billion worth at the current price of the asset. It’s also In April, @MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC. Please join us at 5pm ET as we discuss our Q1 2024 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. $MSTR https://t.co/h40yyrgEb0— Michael Saylor⚡️ (@saylor) April 29, 2024Even with Bitcoin falling more than $10,000 from its recent all-time high price of $73,737 set in March, the firm is very much in the green on its gradually growing investment. The cost basis of MicroStrategy’s Bitcoin holdings currently sits at $35,180 per coin, according to the press release, while the current price of BTC according to CoinGecko is $63,026.MicroStrategy founder and Chairman Michael Saylor is one of the most outspoken Bitcoin bulls in the corporate world. Not only did he pivot his company’s focus to Bitcoin, but he also frequently posts “laser-eyed” Bitcoin memes and conducts interviews about the asset.
