Led by Michael Saylor, the company continues its Bitcoin accumulation in November, raising its total holdings to 641,692 BTC.
According to the latest announcement, the firm purchased an additional 487 BTC for around $49.9 million at an average price of $102,557 per Bitcoin. With this latest acquisition, the company’s total investment now stands at $47.54 billion, with an average purchase price of $74,079 per Bitcoin.
Michael Saylor reaffirmed the company’s ongoing “hodl” strategy, describing Bitcoin as a long-term store of value. The firm’s consistent accumulation underscores growing institutional confidence in the leading cryptocurrency.
Holding a total of 641,692 BTC, the company remains by far the largest corporate holder of Bitcoin, representing roughly 3.05% of the total supply.
