Microstrategy banner showing latest bitcoin acquisition

MicroStrategy Doubles Down on Bitcoin, Boosting Holdings to $11.4 Billion

Software firm MicroStrategy, a vocal proponent of Bitcoin, has once again upped its ante, snapping up $615.7 million worth of the cryptocurrency to bring its total holdings to a staggering $11.4 billion. This latest purchase, announced December 27, 2023, adds 14,620 coins to MicroStrategy’s digital war chest, acquired at an average price of $42,110 each.

Continue Reading...