MicroStrategy Acquires Additional 15,400 BTC for $1.5 Billion

Quick Summary:

The corporation now has 402,100 BTC, or around $23.4 billion, in total Bitcoin holdings thanks to this deal.

With a Bitcoin yield of 38.

This most recent acquisition demonstrates MicroStrategy’s faith in Bitcoin’s long-term potential and reinforces its dedication to its Bitcoin strategy in spite of market swings.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 13:10:50 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 138 words

Reading Time: 1 minutes read

Sentences: 13 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 24040420

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Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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