Express

MicroStrategy Buys Another $50 Million in Bitcoin

Amy Liu

Summary: Michael Saylor, chief executive officer of MicroStrategy, a listed business intelligence company, said on Twitter today that MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. The company now holds approximately 40,824 bitcoins. By Amy Liu

Michael Saylor, chief executive officer of MicroStrategy, a listed business intelligence company, said on Twitter today that MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. The company now holds approximately 40,824 bitcoins.

By Amy Liu

Last Update:

Tags: ,,
Link: MicroStrategy Buys Another $50 Million in Bitcoin   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 14 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.