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Coin Edition 2023-08-04 19:28:00

MicroStrategy’s Hoards BTC in Q2; Investment Giant Buys Stake in Firm

The upcoming Bitcoin halving has encouraged a wave of BTC purchases across all crypto institutions. According to reports, Michael Saylor’s MicroStrategy bought 12,333 BTC, worth $347 million, between April and June. However, an investment giant can also profit from this purchase. In the second quarter, MicroStrategy reported an impairment charge of $24.1 million on its The post MicroStrategy’s Hoards BTC in Q2; Investment Giant Buys Stake in Firm appeared first on Coin Edition .

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