MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion
2025-07-04 00:28:15
Description
On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space. Saylor has been at the forefront of this strategy, positioning the enterprise software company as a leveraged Bitcoin proxy...
$ETH
$2533.67
--3.43%
$BTC
$108263.1
--1.72%
Latest News
- The $1 Dogecoin Dream Is Alive: Chartist Lays Out Parabolic Scenario2025-07-04 12:20:48
- Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says2025-07-04 10:44:00
- SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target2025-07-04 09:12:42
- Analyst Sees a Bitcoin Market Shift — Here’s What’s Happening2025-07-04 08:03:16
- Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report2025-07-04 07:11:07