**MicroStrategy Increases Bitcoin Holdings by $4.6 Billion, Amplifying Market Position**

MicroStrategy has significantly expanded its bitcoin reserve, acquiring an additional $4.6 billion worth of the cryptocurrency in the past week. This strategic move brings the company's total bitcoin holdings to approximately $30 billion, a noteworthy increase reflected in recent regulatory filings.

The technology firm purchased 51,780 bitcoins over a six-day period concluding on Sunday. This latest acquisition propels MicroStrategy's total bitcoin ownership to 331,200 BTC. Despite this impressive portfolio, MicroStrategy's holdings remain less than BlackRock's iShares Bitcoin Trust, which owns 471,329 BTC, making it the largest bitcoin exchange-traded fund (ETF) to date.

To finance this recent bitcoin purchase, MicroStrategy sold about 13.6 million shares, a strategy consistent with its ongoing "21/21 plan." This ambitious initiative aims to amass $42 billion through equity and fixed-income securities within the next three years. Introduced in 2020, their bitcoin reserve strategy has not only garnered attention but also served as a model for other publicly traded companies such as Marathon Digital Holdings and Semler Scientific.

Currently, MicroStrategy's shares have soared 9.7% to $373.96, representing a remarkable 445% increase year-to-date. On the cryptocurrency front, bitcoin is trading above the $91,000 mark, nearly doubling in price since the beginning of the year. MicroStrategy's average acquisition cost for its bitcoin reserves stands at approximately $49,874 per coin, summing up to a total investment of about $16.5 billion.

Both MicroStrategy and other firms like Marathon are leveraging bitcoin to hedge against inflation and diversify their corporate treasuries. Marathon, another entity following this trend, announced plans to raise $700 million primarily for purchasing additional bitcoins.