Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 15,400 Bitcoin for $1.5 billion, at an average price of $95,976 per coin, which helped its total BTC balance surpass 402,

The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.

Despite this bullish activity, Bitcoin’s market performance showed some volatility. Trading data indicates a recent dip of approximately 1.67%, with the price dropping to $95,656.24. The cryptocurrency experienced fluctuations within a daily range of $94,670 to $98,240, highlighting the ongoing market volatility.

The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.

This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.

The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.

MicroStrategy Inc. bought another $1.5 billion in Bitcoin, the fourth consecutive weekly purchase announced by the crypto hedge fund proxy.

In a filing released Monday morning, MicroStrategy said it had purchased the bitcoin for an average price of $95,976, including fees and expenses. Bitcoin was down 1.5% over the p