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Stephen  Alpher Stephen  Alpher

MSTR Raising $42B to Buy More Bitcoin (BTC)

MicroStrategy’s most recent previous disclosure was in mid-September when it announced the purchase of 7,420 bitcoins (BTC) for $458.2 million. That brought its holdings to that point to 252,220 bitcoins acquired for a total of $9.9 billion, or an average price of $39,266 each. At the current price of about $72,000 the company’s bitcoin is worth more than $18 billion.

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Stephen Alpher

https://www.coindesk.com/business/2024/10/30/michael-saylors-microstrategy-plans-to-raise-42b-to-buy-more-bitcoin-over-next-3-years/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-30 20:13:00

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