MicroStrategy amasses a staggering 190,000 BTC, embracing the forefront of digital currency, with a commendable average capital outlay of $31,224.

MicroStrategy, the software development company owned by Michael Saylor, is well-known among cryptocurrency investors for continuously accumulating Bitcoin. In its latest quarterly report for Q4 2023, the company revealed that it has purchased an additional 31,755 BTC, totaling a value of $1.25 billion, at an average cost of $39,411 per BTC.

Furthermore, MicroStrategy disclosed that it currently holds a total of 190,000 BTC as of February 5th, with an average cost of $31,224 per BTC. Saylor mentioned that the company added another 850 BTC to its holdings in January.

Andrew Kang, the CFO of MicroStrategy, stated that the company remains committed to its asset management plan, which involves further purchases of Bitcoin. These continued acquisitions aim to maximize shareholder benefits.

TLDR: MicroStrategy, led by Michael Saylor, has added to its Bitcoin holdings with another 31,755 BTC, amounting to $1.25 billion. The company now holds 190,000 BTC, averaging a cost of $31,224 per BTC. MicroStrategy’s CFO, Andrew Kang, emphasized the company’s ongoing commitment to expanding its Bitcoin investments to provide maximum benefits for shareholders.