MicroStrategy Buys 390 BTC at $111,053 Average Price, Bitcoin Holdings Reach 640,808

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As per BitJie, MicroStrategy (NASDAQ: MSTR) announced a $43.4 million Bitcoin purchase, acquiring 390 BTC at an average price of $111,053 each. The company now holds 640,808 BTC, with a total purchase cost of $4.744 billion and an average cost of $74,032 per BTC. The funds came from a preferred stock offering. MSTR's stock rose 2.6% to around $296, with Bitcoin's yield for 2025 at 26%, though the stock faces resistance near $305–$310 and key support at $285.

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