MicroStrategy Buys 1031 Bitcoins, Total Holdings at 762K
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
MicroStrategy buys 1,031 bitcoins, totaling 762,099 coins, at an average price of $75,694 each. This follows a $1 billion bitcoin purchase spree. The latest buy, worth $76.6 million, was funded by stock sales. Bitcoins current price is around $69,000, boosting MicroStrategys holdings. Shares rose 1.7% on the news. Under Saylor, the company remains the largest corporate bitcoin holder, committed to its long-term treasury strategy.
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