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Michael Saylor’s digital software giant bought 16,130 BTC, increasing the worth of the company’s total Bitcoin holdings to over $6 billion at current prices. MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), bought more of crypto’s leading token by market cap according to founder Michael Saylor and a Nov.
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In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded
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Business intelligence firm MicroStrategy purchased 16,130 Bitcoin (BTC) in November, bringing its total holdings to more than $6 billion.In a Nov. 30 announcement, MicroStrategy co-founder Michael Saylor said the company acquired the BTC for roughly $593.3 million — a price of $36,785 per Bitcoin. As of Nov. 29, MicroStrategy reported
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Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products. MicroStrategy Inc (NASDAQ: MSTR), the software firm led by Executive Chairman Michael Saylor, has seen its shares surge by an astounding 246% in 2023. Saylor attributes this success to Bitcoin (BTC), which has not only
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Since the end of Q2, 2023, MicroStrategy acquired a total sum of 6,067 BTCs at $27,531 price per each. MicroStrategy shows no signs of letting up on its crypto strategy with an additional purchase of 155 BTC for $5.3 million in October 2023. According to the firm’s Q3 2023 earnings report,
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MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday. Source
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MicroStrategy, courtesy of its former CEO and co-founder Michael Saylor, has continued its aggressive accumulation of the flagship cryptocurrency, Bitcoin, with the
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MicroStrategy, led by Michael Saylor, is now reaping the rewards of its $4.68 billion Bitcoin (BTC) investment. The Tysons, Virginia-based company now enjoys a profit of $343 per BTC, thanks to the recent surge in the orange coin’s price. MicroStrategy’s Bitcoin bet paying off MicroStrategy’s impressive journey into the super-volatile world of
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In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by increasing their
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