Wednesday, June 4, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

MicroStrategy Acquires An Additional 155 Bitcoin for $5.3 Million

November 2, 2023
in Bitcoin
Reading Time: 1 min read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail



MicroStrategy, a number one enterprise intelligence and software program firm, has continued its steadfast dedication to Bitcoin by buying a further 155 BTC at a complete value of $5.3 million, Founder & Chairman Michael Saylor introduced as we speak. The acquisition got here as Bitcoin’s worth has been experiencing upward momentum, reaching a latest yearly excessive of $35,000.

The corporate initially entered the Bitcoin market in August 2020, making a major preliminary funding of $250 million into BTC. Since then, they’ve persistently added to their Bitcoin holdings, making a treasury reserve technique that has garnered over 158,400 bitcoin price greater than $5.4 billion on the time of writing. The corporate has acquired 6,067 bitcoin because the finish of Q2 for $167 million.

“We additional elevated our whole bitcoin holdings to 158,400 bitcoins, including 6,067 bitcoins because the finish of the second quarter,” mentioned MicroStrategy Chief Monetary Officer, Andrew Kang. “Our dedication to accumulate and maintain bitcoin stays sturdy, particularly with the promising backdrop of potential elevated institutional adoption.”

Because the fourth Bitcoin halving shortly approaches and the primary spot Bitcoin ETF approval by the SEC appears imminent, MicroStrategy continues its aggressive bitcoin funding technique with no indicators of slowing down.



Source link

Tags: AcquiresAdditionalBitcoinMicroStrategymillion
Previous Post

NTWRK Joins Forces with ComplexCon 2023: A New Era in Live Shopping and Cultural Festivities | NFT CULTURE | NFT News | Web3 Culture

Next Post

Aptos And Avalanche Take The Lead

Related Posts

Altcoin Market Cap Flashes A Bullish Cross – Is The Next Altseason Brewing?
Bitcoin

Altcoin Market Cap Flashes A Bullish Cross – Is The Next Altseason Brewing?

June 3, 2025
Canadian Company SolarBank Adopts Bitcoin Treasury Strategy
Bitcoin

Canadian Company SolarBank Adopts Bitcoin Treasury Strategy

June 3, 2025
Solana Volume Bot Master Guide 2025
Bitcoin

Solana Volume Bot Master Guide 2025

June 4, 2025
Ripple Stablecoin RLUSD Gets Green Line For Use In Dubai DIFC
Bitcoin

Ripple Stablecoin RLUSD Gets Green Line For Use In Dubai DIFC

June 4, 2025
XRP Sell-Off Rumors Swirl As Expert Questions Ripple’s War Chest
Bitcoin

XRP Sell-Off Rumors Swirl As Expert Questions Ripple’s War Chest

June 3, 2025
Nasdaq-Listed Classover to Allocate up to $500 Million in Solana for Treasury Reserve
Bitcoin

Nasdaq-Listed Classover to Allocate up to $500 Million in Solana for Treasury Reserve

June 3, 2025
Next Post
Aptos And Avalanche Take The Lead

Aptos And Avalanche Take The Lead

Solana Labs unveils GameShift, a web3 suite for game developers

Solana Labs unveils GameShift, a web3 suite for game developers

SafeMoon Executives Hit with SEC Charges

SafeMoon Executives Hit with SEC Charges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In