BlockBeats News, November 17th, according to Bloomberg, MicroStrategy's Bitcoin reserves are approximately $26 billion, surpassing global market leaders such as IBM, Nike, and Johnson & Johnson in cash and marketable securities holdings, second only to companies like Apple and Alphabet. MicroStrategy plans to raise $42 billion to invest in Bitcoin over the next three years.
BlockBeats previously reported that on November 10th, MicroStrategy's unrealized gains from its Bitcoin holdings exceeded $10 billion. As of that day, MicroStrategy held a total of 252,220 bitcoins with a total acquisition cost of approximately $9.9 billion and an average purchase price of around $39,266.
