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

  • The Endgame of Layer 2s, Explained 1 days ago
  • The Bitcoin Halving is Complete! What’s Next? 8 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 11 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 16 days ago
  • The Value of Web3 Social, Explained 16 days ago

    • You need to login to comment.