The post MicroStrategy adds BTC worth $27M despite ‘buy gold’ jabs – Here’s why! appeared on BitcoinEthereumNews.com. Key Takeaways How much Bitcoin does MicroStrategy hold now? The company now owns 640,250 BTC, valued at roughly $47.38 billion, making it the largest corporate Bitcoin holder in the world. How did the market react to the purchase? MicroStrategy’s stock (MSTR) jumped 3.5% to $315.47, even as Bitcoin itself dipped 2.61% in 24 hours. Donald Trump’s latest tariff shock may have rattled global markets and sent crypto prices sliding, but institutions aren’t backing down just yet. Michael Saylor’s Bitcoin bet In fact, Strategy (formerly MicroStrategy) Founder, Michael Saylor, doubled down on his Bitcoin [BTC] conviction. He revealed a fresh purchase of 220 BTC worth around $27.2 million at an average price of $123,561 per coin. This pushed the company’s total holdings to 640,250 BTC valued at roughly $47.38 billion. While Bitcoin supporters hailed Saylor’s move, longtime gold advocate Peter Schiff took aim at both Saylor and BTC. He said,  “So why didn’t you buy any when the price crashed down to $104K? Your average purchase price on the week is nearly 8% above the current market. Also, your average price on your entire position is $74K. That’s only a 55% gain. MSTR would be better off had you bought gold instead.”  Yet, despite ongoing criticism from skeptics, Saylor’s Strategy continues to serve as a benchmark for institutional Bitcoin adoption. How is Bitcoin helping Strategy? Data from BitBo showed that the company currently holds 640,031 BTC, valued at approximately $71.84 billion, making it the largest corporate holder of Bitcoin globally. Further validating this position, CoinGecko’s Bitcoin Treasury Holdings data, which tracks both publicly traded companies and governments holding Bitcoin as part of their reserves, placed MicroStrategy firmly at the top of the list. Additionally, MicroStrategy’s stock (MSTR) reacted positively to the announcement, rising by 3.50% to $315.47, according to Google Finance.… The post MicroStrategy adds BTC worth $27M despite ‘buy gold’ jabs – Here’s why! appeared on BitcoinEthereumNews.com. Key Takeaways How much Bitcoin does MicroStrategy hold now? The company now owns 640,250 BTC, valued at roughly $47.38 billion, making it the largest corporate Bitcoin holder in the world. How did the market react to the purchase? MicroStrategy’s stock (MSTR) jumped 3.5% to $315.47, even as Bitcoin itself dipped 2.61% in 24 hours. Donald Trump’s latest tariff shock may have rattled global markets and sent crypto prices sliding, but institutions aren’t backing down just yet. Michael Saylor’s Bitcoin bet In fact, Strategy (formerly MicroStrategy) Founder, Michael Saylor, doubled down on his Bitcoin [BTC] conviction. He revealed a fresh purchase of 220 BTC worth around $27.2 million at an average price of $123,561 per coin. This pushed the company’s total holdings to 640,250 BTC valued at roughly $47.38 billion. While Bitcoin supporters hailed Saylor’s move, longtime gold advocate Peter Schiff took aim at both Saylor and BTC. He said,  “So why didn’t you buy any when the price crashed down to $104K? Your average purchase price on the week is nearly 8% above the current market. Also, your average price on your entire position is $74K. That’s only a 55% gain. MSTR would be better off had you bought gold instead.”  Yet, despite ongoing criticism from skeptics, Saylor’s Strategy continues to serve as a benchmark for institutional Bitcoin adoption. How is Bitcoin helping Strategy? Data from BitBo showed that the company currently holds 640,031 BTC, valued at approximately $71.84 billion, making it the largest corporate holder of Bitcoin globally. Further validating this position, CoinGecko’s Bitcoin Treasury Holdings data, which tracks both publicly traded companies and governments holding Bitcoin as part of their reserves, placed MicroStrategy firmly at the top of the list. Additionally, MicroStrategy’s stock (MSTR) reacted positively to the announcement, rising by 3.50% to $315.47, according to Google Finance.…

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more