Express

MicroStrategy Deepens Bitcoin Bet, Buys 2,530 More

Mary Liu

Summary: In a move that underscores its long-term bullishness on bitcoin, MicroStrategy has announced the acquisition of 2,530 additional bitcoins. The purchase, which brings the company's total bitcoin holdings to a staggering 450,000, is part of MicroStrategy's ongoing strategy to use bitcoin as a primary treasury reserve asset.  The company has been a vocal advocate for ...

In a move that underscores its long-term bullishness on bitcoin, MicroStrategy has announced the acquisition of 2,530 additional bitcoins. The purchase, which brings the company's total bitcoin holdings to a staggering 450,000, is part of MicroStrategy's ongoing strategy to use bitcoin as a primary treasury reserve asset. 

The company has been a vocal advocate for bitcoin, and its latest purchase is likely to be seen as a vote of confidence in the cryptocurrency.

Last Update:

Tags: ,
Link: MicroStrategy Deepens Bitcoin Bet, Buys 2,530 More   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 3 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 5 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 8 days ago
  • You need to login to comment.