MicroStrategy has reaffirmed its commitment to Bitcoin by investing in another 27,200 BTC, equating to a $2.03 billion investment. This latest purchase was made at an average price of $74,463 per Bitcoin, including fees. The transaction was conducted between October 31 and November 10, 2024.
This significant acquisition increases MicroStrategy’s total Bitcoin holdings to 279,420 BTC. The move highlights the company's continued bullishness on the potential of Bitcoin, positioning it as one of the largest corporate holders of the cryptocurrency.
Source: www.thecoinrepublic.com ↗