MicroStrategy adds Bitcoin for 8th consecutive week

MicroStrategy, the software maker turned Bitcoin development company, increased its total holding to 446,400 BTC. Executive chairman Michael Saylor teased MicroStrategy’s Bitcoin (BTC) purchase as usual via a Dec. 29 post on X. The firm’s securities disclosure filings confirmed it bought 2,138 BTC for $209 million last week. This marks MicroStrategy’s eighth consecutive weekly Bitcoin […]

MicroStrategy enlarges Bitcoin coffers by $561m

MicroStrategy extended its weekly Bitcoin buying spree for the seventh consecutive time, solidifying its position as the largest corporate Bitcoin holder with nearly $45 billion in assets. Michael Saylor, MicroStrategy executive chairman, announced the company bought 5,262 Bitcoin (BTC) for $561 million at an average price of $106,662 before the recent market correction. The Virginia-based […]