MicroStrategy has once again expanded its Bitcoin treasury, purchasing an additional 220 BTC for approximately $27.2 million. The acquisition, which took place between October 6 and October 12, reinforces the company’s position as the largest corporate holder of the digital asset while Bitcoin’s price holds firm near the $114,000 mark.

According to an announcement on October 23, the business intelligence firm paid an average price of $123,561 per BTC. This latest purchase brings MicroStrategy’s total reserves to 640,250 BTC. At current market prices, the company’s holdings are valued at roughly $73 billion, representing an unrealized gain of about $25.6 billion over its cumulative acquisition cost of $47.4 billion.

The company funded the purchase through its at-the-market stock offering programs, raising $27.3 million. This acquisition ends a brief pause in the company’s regular buying activity, a pattern often observed as it finalizes quarterly financial reporting. With its vast holdings, MicroStrategy now controls just over 3% of Bitcoin’s total supply.

Corporate Bitcoin Adoption Continues to Grow

MicroStrategy’s pioneering strategy has had a clear influence across the corporate world. Data indicates that 188 public companies globally have now added Bitcoin to their balance sheets, following the path MicroStrategy forged.

While MicroStrategy maintains a commanding lead, other major players have also emerged. Bitcoin mining firm Marathon Digital Holdings holds 52,850 BTC, and the Tether-backed entity Twenty One has accumulated 43,514 BTC. The trend has also gone international, with Japan’s Metaplanet adopting a similar strategy to amass 30,823 BTC, demonstrating the model’s global appeal.

Amid this consistent corporate accumulation, Bitcoin’s price has remained resilient. The asset continues to trade steadily around the $114,000 level, finding solid technical support in the process.