Nasdaq-listed company MicroStrategy (MSTR), which holds a large amount of BTC, announced on its official website that it has purchased an additional 1,045 BTC at an average price of $28,016 from March 24th to April 4th. This is worth approximately $29.3 million and brings MSTR's total BTC holdings to 140,000, valued at around $4.17 billion at an average price of $29,803.
While it may not be wise for individual investors to blindly follow the actions of large corporations like MSTR, this news may suggest a brighter future for Bitcoin investors. Personally, the news makes me briefly consider buying BTC in increments of thousands.
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