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]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 2 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 9 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 13 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 16 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 20 days ago

    • You need to login to comment.