Coinspeaker
MicroStrategy Acquires Additional 55,500 Bitcoin for $5.4 Billion
MicroStrategy Inc (NASDAQ: MSTR), a US-based business intelligence firm, has expanded its position as the largest corporate holder of Bitcoin
BTC
$96 179
24h volatility:
0.4%
Market cap:
$1.89 T
Vol. 24h:
$68.80 B
by purchasing an additional 55,500 BTC for approximately $5.4 billion.
The company announced on November 25 that the purchase was completed at an average price of $97,862 per Bitcoin, bringing its total holdings to an astounding 386,700 BTC.
Record-Setting Acquisition
The latest tranche of Bitcoin was acquired between November 21 and 24, shortly after MicroStrategy concluded its $3 billion convertible notes offering. As of Novemb
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