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Breaking: MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%

CoinGape LogoCoinGape4d ago

Breaking: MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8% - CoinGape

Quick Summary:

This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion.

MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC.

Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company.

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Breaking: MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8% - CoinGape (Picture 1)

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 13:13:57 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23515898

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 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

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The story "Breaking: MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%" was covered 4 days ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 33 news stories per day.

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  • News ID: #23515898
  • URL: https://beamstart.com/news/breaking-microstrategy-buys-27200-btc-173133171438

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