MicroStrategy's Bitcoin Holdings Soar to $10.28 Billion After $150 Million Purchase

MicroStrategy has increased its Bitcoin holdings to 193,000 BTC, worth $10.28 billion, after purchasing an additional 3,000 BTC for $155.4 million. CEO Michael Saylor reiterated the company's commitment to holding Bitcoin long term, despite the substantial profit potential. The recent surge in Bitcoin's price, driven by factors like the approval of spot Bitcoin ETFs and the upcoming Bitcoin halving, has bolstered MicroStrategy's position, leading Saylor to predict that Bitcoin will become a trillion-dollar asset class alongside major tech companies.