MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has once again increased its Bitcoin holdings. The company announced the purchase of an additional 11,000 BTC for $1.1 billion, acquiring each Bitcoin at an average price of $101,191.
Key Highlights:
Total Bitcoin Holdings: MicroStrategy now owns 461,000 BTC, solidifying its position as the largest corporate holder of Bitcoin.
Total Investment: The company has spent approximately $29.3 billion on Bitcoin acquisitions, with an average cost of $63,610 per BTC.
This latest acquisition reinforces MicroStrategy’s aggressive Bitcoin strategy, positioning the company as a leading institutional investor in digital assets. Under Saylor’s leadership, MicroStrategy continues to advocate for Bitcoin as a long-term store of value, despite market volatility.
- RBC reports – 16 out of 20 market forecasts by Arthur Hayes turned out to be incorrect
Spread the love The publication Protos analyzed 20 market forecasts made by former BitMEX head Arthur Hayes and concluded that 16… Read more: RBC reports – 16 out of 20 market forecasts by Arthur Hayes turned out to be incorrect - 🏦 Why Do Central Banks Love 2% Inflation — And Why Can’t They Hit It?
Spread the love Most major central banks — from the US Federal Reserve to the European Central Bank — have… Read more: 🏦 Why Do Central Banks Love 2% Inflation — And Why Can’t They Hit It? - Telegram’s Billionaire Boss Pledges Fortune to Over 100 Children — But There’s More to This Story
Telegram’s billionaire founder Pavel Durov says yes — pledging his entire fortune to children born via relationships and sperm donations across 12 countries. But here’s the twist: they won’t get a dime for 30 years. - “Bitcoin’s New Surge: Institutions Take the Wheel”
Spread the love ETFs, sovereign wealth funds, and asset managers are coordinating Bitcoin moves for long-term growth. Yesterday, the price… Read more: “Bitcoin’s New Surge: Institutions Take the Wheel” - Pentagon Awards OpenAI $200M Contract for National Security AI Development
Spread the love The U.S. Department of Defense (DoD) has signed a $200 million contract with OpenAI to develop cutting-edge… Read more: Pentagon Awards OpenAI $200M Contract for National Security AI Development
