MicroStrategy has announced that it has acquired more Bitcoin and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion.

MicroStrategy Acquires 27,200 BTC

MicroStrategy co-founder Michael Saylor announced in an X post that they have acquired 27,200 BTC for $2 billion. This brings their total holdings to 279,420 bitcoins, which they acquired for a total of $11.9 billion.

Saylor also revealed that they have also achieved a BTC yield of 7.3% QTD and 26.4% YTD. This comes at a time when the Bitcoin price is reaching all-time highs (ATHs), which has already put the company’s investment at an unrealized profit of over $10 billion.

Meanwhile, MicroStrategy continues to solidify its position as one of the largest Bitcoin holders. The company is currently the fifth largest bitcoin holder behind Satoshi Nakamoto, Binance, BlackRock, and Grayscale.

The post Breaking: MicroStrategy Buys Additional 27,200 BTC appeared first on CoinGape.

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