Business intelligence firm MicroStrategy announced intentions to acquire $4.2 billion worth of Bitcoin during a recent price downturn, reinforcing its position as the largest corporate holder of the cryptocurrency. The planned acquisition demonstrates aggressive accumulation during discounted market conditions to… Read More »MicroStrategy Unveils $4.2 Billion Bitcoin Purchase Plan Amid Market Dip
MicroStrategy has significantly expanded its Bitcoin holdings with the purchase of 4,225 Bitcoins between July 7 and July 13. The business intelligence firm acquired the cryptocurrency at an average price of $111,827 per Bitcoin, bringing the total investment to $472.5… Read More »MicroStrategy Acquires 4,225 Bitcoins in $472.5 Million Investment
MicroStrategy Inc. has purchased 6,220 Bitcoin between July 14 and July 20, further expanding its corporate cryptocurrency holdings. The acquisitions were executed at an average price of $118,940 per Bitcoin, resulting in a total expenditure of approximately $739.8 million. This… Read More »MicroStrategy Acquires 6,220 Bitcoin in $739.8 Million Investment
MicroStrategy co-founder Michael Saylor has announced plans for a significant Bitcoin acquisition, reinforcing the company’s position as the largest corporate holder of the cryptocurrency. The announcement coincides with escalating geopolitical tensions between Israel and Iran, which are causing volatility in… Read More »MicroStrategy’s Saylor Signals Major Bitcoin Purchase Amid Israel-Iran Tensions