MicroStrategy has significantly increased its Bitcoin holdings by acquiring 18,300 BTC for $1.11 billion between August 6 and September 12, 2024, at an average price of $60,408 per Bitcoin. This purchase brings the company's total Bitcoin holdings to 244,800 BTC, valued at approximately $14 billion, with a cumulative investment of $9.45 billion at an average price of $38,585 per Bitcoin. The acquisition was funded through the sale of over 8 million company shares. Despite market volatility, MicroStrategy's stock has more than doubled in 2024, and the company reports a 17% year-to-date yield on its Bitcoin holdings. CEO Michael Saylor remains bullish on Bitcoin's long-term prospects, predicting its price could reach $13 million within two decades.