MicroStrategy Buys the Dip: Adds 168 Bitcoin to its $71 Billion Hoard

Bitway’s treasury giant MicroStrategy (operating as Strategy) has bought more Bitcoin.

An SEC filing shows the company purchased 168 BTC for $18.8 million last week, bringing its total holdings to 640,418 Bitcoin.

The company’s total investment now stands at $47.4 billion, meaning its position has an unrealized gain of roughly $23.7 billion at current prices. The purchase was made using funds from its ongoing capital-raising initiatives dedicated to expanding its Bitcoin treasury.