Breaking: MicroStrategy Buys Another 55,500 BTC For $5.4 Billion

Quick Summary:

The software company announced it purchased 55,500 BTC for $5.4 billion, bringing its total to 386,700 BTC.

MicroStrategy has again increased its Bitcoin holdings.

However, the Bitcoin miner is still far behind MicroStrategy as it holds approximately 33,875 BTC compared to the software company’s 386,700 BTC.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: MicroStrategy Bitcoin Microstrategy Bitcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 13:22:21 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 191 words

Reading Time: 2 minutes read

Sentences: 38 lines

Sentence Length: 6 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23830044

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 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

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Publisher ID: #59

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