MicroStrategy Bitcoin Stash Surpasses IBM, Nike in Major Milestone
🟢 MicroStrategy, the largest Bitcoin Treasury Company, continues to make waves in finance. In a recent tweet, co-founder Michael Saylor noted that the company’s Bitcoin holdings, now valued at around $26 billion, surpass the cash reserves of major corporations like IBM and Nike.
🤑 Since 2020, MicroStrategy has pursued an aggressive Bitcoin accumulation strategy, using it as its main treasury asset. As of November 10, the company holds about 279,420 Bitcoins, purchased for $11.9 billion at an average price of $42,692 per Bitcoin.
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