MicroStrategy Buys 1,070 BTC, Plans to Raise Up to $2B Through Preferred Stock Offering

Quick Summary:

MicroStrategy Purchases More Bitcoin, Adding to Holdings for 9th Consecutive Week.

It wouldn't be a Sunday without Executive Chairman Michael Saylor teasing the announcement in a post on X.

The average purchase price of the bitcoin was $94,004, which raised the average price to $62,503.

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Article Details

Author / Journalist: James Van Straten

Category: Crypto

Markets: United StatesCuba

Topics: Markets Btc MSTR MicroStrategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 13:10:48 (2 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 239 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinDesk

News ID: 24916968

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About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

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News Last Updated: 20 hours ago

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