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Breaking: MicroStrategy Acquires Another 15,400 BTC For $1.5 Billion

CoinGape LogoCoinGape2d ago

Breaking: MicroStrategy Acquires Another 15,400 BTC For $1.5 Billion - CoinGape

Quick Summary:

Software company MicroStrategy announced another Bitcoin purchase, making it the fourth consecutive week that it has purchased the flagship crypto.

Thanks to this development, the company now holds 402,100 BTC, which accounts for over 1.2% of BTC’s total supply.

The company’s co-founder,, Michael Saylor,, also confirmed this development in an X post.


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Breaking: MicroStrategy Acquires Another 15,400 BTC For $1.5 Billion - CoinGape (Picture 1)

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 13:17:34 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 174 words

Reading Time: 1 minutes read

Sentences: 35 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24040563

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Breaking: MicroStrategy Acquires Another 15,400 BTC For $1.5 Billion" has 174 words across 35 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Breaking: MicroStrategy Acquires Another 15,400 BTC For $1.5 Billion" was covered 2 days ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 26 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #24040563
  • URL: https://beamstart.com/news/breaking-microstrategy-acquires-another-15400-1733

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