MicroStrategy, a business intelligence firm, has significantly increased its Bitcoin holdings. In the week ending January 19, the company added 11,000 BTC to its portfolio, costing $1.1 billion. This latest acquisition brings their total to 461,000 BTC. The average purchase price for this batch was $101,191, pushing the overall average cost to $63,610 per BTC. This marks the eleventh consecutive week of Bitcoin purchases by MicroStrategy. The company’s shares experienced a slight dip in premarket trading, while Bitcoin itself was trading at $104,500, a minor decrease from the previous Friday.
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