Share this article
BTC
$79,663.66
+
3.49%ETH
$1,585.31
+
2.89%USDT
$0.9997
+
0.03%XRP
$1.8890
+
6.79%BNB
$561.99
+
3.34%USDC
$1.0001
-
0.00%SOL
$110.71
+
8.56%DOGE
$0.1506
+
6.73%TRX
$0.2327
+
3.19%ADA
$0.5910
+
7.79%LEO
$8.9727
+
0.58%TON
$3.1250
+
4.27%LINK
$11.71
+
7.38%AVAX
$17.33
+
9.21%XLM
$0.2314
+
10.32%SHIB
$0.0₄1143
+
4.09%SUI
$2.0634
+
10.89%HBAR
$0.1574
+
17.75%OM
$6.3542
+
6.53%BCH
$278.52
+
5.70%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.
Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.
STORY CONTINUES BELOW
- Saylor said on Twitter that his business intelligence company had completed the acquisition of 16,796 bitcoin on Monday.
- This has significantly increased the total size of MicroStrategy's bitcoin holdings up to 38,250 bitcoin – worth roughly $416 million at current prices.
- MicroStrategy told the Securities and Exchange Commission (SEC) on Monday that it "may increase" its BTC holdings above the $250 million purchased in August.
Read more: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Paddy Baker
Paddy Baker is a London-based cryptocurrency reporter. He was previously senior journalist at Crypto Briefing. Paddy holds positions in BTC and ETH, as well as smaller amounts of LTC, ZIL, NEO, BNB and BSV.
