MicroStrategy buys $4.6B of Bitcoin as price nears all-time high
MicroStrategy acquired an additional 51,780 BTC worth $4.6 billion, boosting its total holdings to 331,200 BTC as Bitcoin prices rose above $92,400.
[Source](https://cointelegraph.com/news/microstrategy-buys-52-k-bitcoin-4-6-billion-btc-new-highs)
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This latest purchase is part of MicroStrategy's ongoing commitment to Bitcoin, which has seen the company amass a total of around 279,420 BTC, valued at over $30 billion. The decision to invest heavily in Bitcoin aligns with Saylor's belief in the cryptocurrency's potential as a hedge against inflation and a superior store of value compared to traditional assets.
