MicroStrategy Buys $623 Million More Bitcoin, Now Holds Over 1% of Total Supply Despite Share Price Drop

• MicroStrategy purchased an additional 9,245 Bitcoin for $623 million, bringing its total holdings to 214,246 BTC • The company now owns over 1% of the total Bitcoin supply of 21 million • The purchase was funded through a $603 million senior convertible note offering • Despite the acquisition, MicroStrategy's share price dropped nearly 6% amid Bitcoin's price correction • MicroStrategy aims to continue leveraging debt to maximize Bitcoin purchases, viewing it as the ultimate investment