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Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value Bitcoin.com 19 hours ago

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value 💰

Microstrategy, led by executive chairman Michael Saylor, reported a massive increase in shareholder value, amounting to $14 billion for the year 2024. This surge is attributed to their aggressive Bitcoin acquisition strategy, bringing their total BTC holdings to 447,470.

The firm's corporate adoption of Bitcoin has gained momentum, reflecting the growing trend among companies to add digital assets to their reserves.

In 2024 alone, Microstrategy acquired a staggering 258,320 BTC, reinforcing its position as a Bitcoin powerhouse and demonstrating the potential profitability of integrating cryptocurrencies into corporate financial strategies.

Source: news.bitcoin.com ↗

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