Michael Saylor's MicroStrategy Buys Another $5.4B in Bitcoin
As the stock and the leading crypto continue to soar to new heights this year, Michael Saylor’s MicroStrategy has purchased another $5.4 billion worth of Bitcoin. Indeed, the business intelligence firm announced that it added 55,500 BTC to its stash in what is its biggest purchase to date. Saylor announced the purchase on X (formerly Twitter), with the firm paying $97,862 per BTC during the record-setting sale. The move only adds to the company’s ongoing Bitcoin acquisition strategy. To date, the firm holds a remarkable 386,700 BTC acquired for $21.9 billion. https://twitter.com/WatcherGuru/status/1861034136221159902 Also Read: Here’s Why You Need to Buy MicroStrategy Stock Before BTC Hits $100k MicroStrategy Keeps Growing BTC Stash, Adds $5.4 Billion in Bitcoin There is little argument that 2024 has been the biggest year in Bitcoin’s history. Not only did it completely change US investments into cryptocurrencies in becoming the first digital asset-based ETF, but...