Firms ape MicroStrategy’s BTC binge-buys, ask Trump to do same

Quick Summary:

MicroStrategy revealed that it had purchased an additional 27,200 BTC tokens between October 31 and November 10, and the bill for this was over US$2 billion, with an average price of $74,463 per token.

The post Firms ape MicroStrategy’s BTC binge-buys, ask Trump to do same appeared first on CoinGeek.

That same day, California-based medical technology firm Semler Scientific (NASDAQ: SMLR) announced the purchase of 215 BTC with $17.7 million it raised by selling shares.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaIndiaJapanMaliNew ZealandUnited States

Topics: BTC Cynthia Lummis Wash trading MicroStrategy Business Crypto Crime Cartel Ethereum Donald Trump Michael Saylor

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 12:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 2106 words

Reading Time: 12 minutes read

Sentences: 74 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © CoinGeek

News ID: 23719831

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