MicroStrategy Buys 17,994 BTC for $1.28B in 102nd Purchase, Extending Streak to 11 Weeks

MicroStrategy completed its 102nd Bitcoin acquisition on undisclosed date, purchasing 17,994 BTC for $1.28 billion at an average price of $70,946, extending its buying streak to 11 consecutive weeks. The company is currently holding $3.35 billion in unrealized losses on its Bitcoin position. Michael Saylor told BTC holders to be patient, noting a delay between Bitcoin purchases and price appreciation.