MicroStrategy Makes $4.6 Billion Bitcoin Purchase, MSTR Stock Soars
MicroStrategy invests $4.6B in Bitcoin, boosting its crypto holdings. MSTR stock surges as the company strengthens its position as a major Bitcoin holder.
MicroStrategy Bought $4.6B Worth Of Bitcoin Even As It Soared Over $90K Last Week
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion at current prices.
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy Inc. shares were up 10% after the software company and cryptocurrency play purchased $4.6 billion of bitcoin. In an SEC filing Monday, MicroStrategy said that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately $88,627 per bitcoin, inclusive of fees and expenses.
MicroStrategy Buys Record $4.6 Billion of Bitcoin
MicroStrategy has bought about $4.6 billion of bitcoin—the first fruits of a huge new fundraising plan, and its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.
Watch These MicroStrategy Levels as Stock Soars to Record High After Bitcoin Purchase
MicroStrategy shares could remain in focus on Tuesday after soaring to a new record high following news the software analytics company purchased an additional $4.6 billion of bitcoin. Monitor these important chart levels.
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Self-described Bitcoin Development Company MicroStategy (MSTR) added to its bitcoin {{BTC}} stack, purchasing 51,780 tokens for $4.6 billion over
MicroStrategy adds 51,780 more bitcoins to stash for $4.6B
The business software firm acquired ~51,780 bitcoins ( BTC-USD) for ~$4.6B, at an average price of ~$88,627 per bitcoin, between Nov. 11 and Nov. 17, the company said. On Nov. 18, MicroStrategy ( NASDAQ: MSTR) sold almost 13.
MicroStrategy Could Be A Multi-Trillion Dollar Company
MicroStrategy is Bitcoin's only investment bank with a rather permanent moat. Find out why MSTR stock is a Buy.
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