MicroStrategy has purchased 2,530 BTC for $243 million, increasing its Bitcoin holdings to 450,000 BTC. Semler Scientific has also acquired 237 BTC, bringing its total

MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.

MicroStrategy buys 1,070 Bitcoin for $101M, boosting BTC holdings. Yield reaches 74% amid ongoing bitcoin acquisition.

MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?

A growing number of public companies are stacking up Bitcoin as the asset becomes more valuable, emulating MicroStrategy's model.

MicroStrategy has further solidified its position as the leading institutional holder of Bitcoin, adding another 1,070 BTC to its reserves.

Key Takeaways Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading.Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.

Shares of MicroStrategy Inc. (MSTR) fell in pre-market trading on Monday after Bitcoin (BTC) prices continued to slide in the run-up to President-elect Donald Trump’s inauguration scheduled for Jan. 20.