Crypto
MicroStrategy Increases Its Expanding Cryptocurrency Treasury By Additional 1,045 Bitcoin](https://cryptocrunchapp.com/news/microstrategy-increases-its-expanding-cryptocurrency-treasury-by-additional-1045-bitcoin))
The American business intelligence company MicroStrategy recently disclosed its most recent purchase of additional 1,045 Bitcoin for about $29.3 million, or an average price of $28,016 per BTC. MicroStrategy owns a total of 140,000 Bitcoin as of April 5, 2023, which were purchased for about $4.17 billion at an average cost of $29,803 per BTC. This information represents a major turning point for the business, which keeps investing in Bitcoin as a reserve asset.