MicroStrategy buys 18,300 Bitcoins for $1.11 billion, increasing its holdings to 244,800 BTC.
MicroStrategy has acquired 18,300 Bitcoins for $1.11 billion, boosting its total holdings to 244,800 BTC, valued at approximately $9.45 billion. This purchase aligns with the firm's strategy of leveraging debt for cryptocurrency investments. The latest acquisitions were made at an average price of $60,408 per Bitcoin. With the current Bitcoin price near $58,000, MicroStrategy's total Bitcoin assets are now worth about $14 billion.
September 13, 2024
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