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MicroStrategy buys $2 billion in Bitcoin in one week, boosting its holdings to over 843,000 BTC.

Market News
18 May 2026
UToday
View Source
Bullish
pluang ai news

MicroStrategy, led by Bitcoin advocate Michael Saylor, purchased $2.01 billion worth of Bitcoin in one week, acquiring 24,869 BTC at an average price of $80,985. This significant buy increases the company's total Bitcoin holdings to 843,738 BTC, valued at over $63.8 billion. Despite community praise, critic Peter Schiff argues the investment has underperformed, with only about a 2.5% paper gain over five years. The move highlights MicroStrategy's continued strong commitment to Bitcoin as a treasury asset.

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