MicroStrategy Acquires $4.6B in Bitcoin
MicroStrategy Acquires $4.6B in Bitcoin
MicroStrategy, the largest publicly traded corporate holder of Bitcoin, has significantly increased its holdings, purchasing 51,780 BTC for approximately $4.6 billion. The acquisition occurred as Bitcoin’s price surged to historic levels.
Record-Breaking Purchase
Announced on November 18, the purchase was made at an average price of $88,627 per Bitcoin, reflecting MicroStrategy’s continued confidence in the cryptocurrency despite its escal...
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