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MicroStrategy Buys Another $1.5 Billion in Bitcoin, Now Holding 400K BTC

MicroStrategy continues to buy Bitcoin: It now holds about $39 billion worth of BTC, just weeks after its stock price hit an all-time high.

Software company MicroStrategy today announced another massive Bitcoin buy—the fourth such purchase in as many weeks. 

The newly dubbed “Bitcoin development company” said Monday that it bought approximately 15,400 Bitcoin for $1.5 billion between November 25 and December 1. 

It snapped up the orange coins at an average price of approximately $95,976, the announcement added.

MicroStrategy Buys Another $1.5 Billion in Bitcoin, Now Holding 400K BTC

MicroStrategy continues to buy Bitcoin: It now holds about $39 billion worth of BTC, just weeks after its stock price hit an all-time high.

Software company MicroStrategy today announced another massive Bitcoin buy—the fourth such purchase in as many weeks. 

The newly dubbed “Bitcoin development company” said Monday that it bought approximately 15,400 Bitcoin for $1.5 billion between November 25 and December 1. 

It snapped up the orange coins at an average price of approximately $95,976, the announcement added. 
https://decrypt.co/294320/microstrategy-buys-1-5-billion-bitcoin