MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC

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CoinDesk 23h ago

MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC - CoinDesk

Quick Summary:

Its the 11th consecutive week of bitcoin purchases for the Michael Saylor-led company.

MSTR shares are down modestly in premarket action, with bitcoin trading at $104,500, lower by a hair from late Friday afternoon.U.S.stocks were closed on Monday due to the MLK holiday.

In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC.