MicroStrategy has added 2,486 Bitcoin to its holdings for $168.4 million in the past week. The company's total Bitcoin reserves now stand at 717,131 BTC, acquired at an average price of $76,027 per coin. The current market price of Bitcoin is approximately $68,000, placing the company's investment at a paper loss.
The recent purchases were financed through the sale of $90.5 million in common stock and $78.4 million from preferred stock offerings. MicroStrategy shares have experienced a decline, reflecting broader market sentiment.
