MicroStrategy acquires another 55,500 bitcoin for $5.4 billion, taking holdings to 386,700 BTC
Companies
• November 25, 2024, 8:27AM EST
Published 1 minute earlier on
UPDATED: November 25, 2024, 8:50AM EST
Quick Take
MicroStrategy has purchased another 55,500 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.
The latest acquisitions follow MicroStrategy’s completion of a $3 billion debt offering and sale of 5,597,849 shares for $2.46 billion.
Business intelligence firm and corporate bitcoin holder MicroStrategy acquired an additional 55,500 BTC for approxima...
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