MicroStrategy's Significant Bitcoin Acquisition
11/18/2024 1:38:56 PM
According to Lookonchain, MicroStrategy purchased 51,780 BTC worth $4.6 billion at an average price of $88,627 last week. The company now holds a total of 331,200 BTC valued at approximately $29.75 billion, with an average acquisition price of $49,874. Their unrealized gains amount to around $13.2 billion. This move highlights MicroStrategy's continued bullish stance on Bitcoin and could influence market perceptions and investor strategies. (Source)
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