MicroStrategy’s New AI Bot and Bitcoin Acquisition – TradingView

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Key points:

  • MicroStrategy acquires 9,245 bitcoins for $623 million
  • MicroStrategy holds approximately 214,246 bitcoins
  • Average purchase price of bitcoins is $35,160

MicroStrategy Incorporated has introduced a new AI bot, MicroStrategy Auto, designed to deliver business intelligence across organizations. This AI-powered bot is an enhancement to MicroStrategy AI, which was launched in October 2023. MicroStrategy Auto provides a faster, simpler way to deliver business intelligence to anyone in an organization. It can function as an independent application within the MicroStrategy ONE library or integrate into third-party apps.

MicroStrategy Auto is a lightweight, embeddable solution with extensive customization options. These include appearance, language, and detail level adjustments. The bot is based on a generative AI foundation, allowing for natural language interactions. This makes enterprise analytics accessible to all users, regardless of their skill level or the applications they use. By simplifying access to analytics, Auto enhances decision-making speed and effectiveness. It enables users to request information in plain language without navigating complex dashboards, boosting productivity for both data consumers and creators.

In other news, MicroStrategy announced the acquisition of 9,245 additional Bitcoins. The purchase was made for approximately $623 million in cash, at an average price of approximately $67,382 per bitcoin. As of March 18, 2024, MicroStrategy holds approximately 214,246 bitcoins, acquired at an aggregate purchase price of approximately $7.53 billion and an average purchase price of approximately $35,160 per bitcoin.

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