MicroStrategy Buys Another 27,200 BTC for $2B

U.S.-based software company Microstrategy has announced an additional purchase of 27,200 Bitcoin worth $2.03 billion. The mega purchase brought each Bitcoin to an average price of $74,463 and is the ...
MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset. On Monday, Saylor ...
Arithmetically, at current prices of around $85,000 per coin, if Microstrategy follows through with its $42 billion ...
MicroStrategy didn't just whip out its wallet for this buy. The company leaned heavily on equity sales to fund the purchase.
Bitcoin extends gains, fueled by Trump’s victory and ETF inflows, reaching an all-time high of $79K as demand pushes BTC toward the coveted $100,000 mark.
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's ...