MicroStrategy increased its holdings of 122 bitcoins in April, bringing its total holdings to 214,400 bitcoins

BlockBeats news, April 30, according to The Block, MicroStrategy released the latest data on its Bitcoin holdings and the first quarter of 2024 financial report on Monday. The company currently holds a total of 214,400 bitcoins, with a total value of US$7.54 billion, or an average price of US$35,180 per token.

The quarterly report stated that since the end of the fourth quarter, the company has purchased 25,250 bitcoins at a price of US$65,232 per coin, totaling US$1.65 billion. In the first quarter of this year, MicroStrategy's revenue was US$115.2 million, a year-on-year decrease of 5%.

Saylor pointed out in a social media post that the company purchased an additional 122 BTC in April, costing US$7.8 million. As of March 31, MicroStrategy reported holding 214,278 BTC. The company may have purchased 32 BTC after March 19, when it disclosed holdings of 214,246 BTC.