Bitcoin Slump Triggers MicroStrategy’s $26M Buy Amid Geopolitical Fears

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As Bitcoin prices slid last week on escalating geopolitical risks, MicroStrategy took advantage of the dip, purchasing 245 BTC for $26 million—its smallest buy in months.

The company paid an average of $105,856 per coin, with BTC briefly dropping below $99,000. Despite the lower prices, MicroStrategy’s modest purchase raised eyebrows, given its history of large-scale acquisitions.

The firm now holds 592,345 BTC (worth ~$41.9B at cost), reinforcing its long-term Bitcoin conviction even amid market uncertainty.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.