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Coin
Microstrategy Buys 11,000 New Bitcoins!
Microstrategy, the world’s largest institutional investor and holder of Bitcoin, bought another 11,000 Bitcoins worth approximately $1.1 billion between January 13 and January 20 at an average price of $101,191 per Bitcoin.
The company sold 3,012,072 shares during the same period. According to a filing with the U.S. Securities and Exchange Commission (SEC), Microstrategy now holds 461,000 Bitcoins, worth more than $48 billion.
The company plans to raise a total of $42 billion to buy Bitcoin through a stock and bond offering 3 replies
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