MicroStrategy Invests $2.1 Billion in 21,550 Bitcoin Acquisition

MicroStrategy has expanded its Bitcoin holdings by purchasing 21,550 BTC for $2.1 billion, despite Bitcoin's historic price surge past $100,000. This acquisition, funded through share sales, brings the company's total BTC holdings to 423,650, representing over 2% of Bitcoin's total supply. CEO Michael Saylor remains bullish on Bitcoin, suggesting future purchases even at higher prices. MicroStrategy's stock has risen significantly, outperforming Bitcoin and the S&P 500, while inspiring other companies to consider similar strategies.