MicroStrategy Expands Bitcoin Holdings with $1.5 Billion Acquisition

Quick Summary:

For the fourth week in a row, software firm MicroStrategy has bought Bitcoin, marking another acquisition.

As a result of this change, the firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin.

Michael Saylor, co-founder of the business, also verified this news in an X post.

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Article Details

Author / Journalist: Nayazunissa

Category: Crypto

Markets: United Arab EmiratesAustralia

Topics: Bitcoin Bitcoin News BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 15:36:17 (2 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 284 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 24054075

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 22 posts per day

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Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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