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Coin Edition 2023-12-27 13:30:53

MicroStrategy Doubles Down on Bitcoin, Acquires 14,620 BTC for $615.7 Million

MicroStrategy, the business intelligence company known for its aggressive Bitcoin (BTC) purchases, has struck again. On December 26, 2023, the company announced it had acquired an additional 14,620 BTC for $615.7 million in cash, at an average price of $42,110. This latest purchase brings MicroStrategy’s total Bitcoin holdings to a whopping 189,150 BTC, acquired at The post MicroStrategy Doubles Down on Bitcoin, Acquires 14,620 BTC for $615.7 Million appeared first on Coin Edition .

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