bitcoin
bitcoin

$91488.65 USD 

1.93%

ethereum
ethereum

$3169.95 USD 

3.01%

tether
tether

$1.00 USD 

0.10%

solana
solana

$238.97 USD 

1.37%

bnb
bnb

$619.78 USD 

0.28%

xrp
xrp

$1.11 USD 

6.53%

dogecoin
dogecoin

$0.375169 USD 

3.88%

usd-coin
usd-coin

$0.999960 USD 

0.00%

cardano
cardano

$0.743638 USD 

4.36%

tron
tron

$0.203383 USD 

2.63%

shiba-inu
shiba-inu

$0.000025 USD 

-1.23%

avalanche
avalanche

$35.35 USD 

0.07%

toncoin
toncoin

$5.56 USD 

3.44%

sui
sui

$3.73 USD 

-2.22%

chainlink
chainlink

$15.12 USD 

9.60%

Cryptocurrency News Articles

MicroStrategy Bitcoin (BTC) Holdings Hit 331,200, Inspired by Michael Saylor's BTC Strategy

Nov 18, 2024 at 10:29 pm

MicroStrategy, the world's largest corporate holder of Bitcoin (BTC), has added to its impressive BTC haul with another major buy.

MicroStrategy Bitcoin (BTC) Holdings Hit 331,200, Inspired by Michael Saylor's BTC Strategy

Bitcoin (BTC) MicroStrategy Stock MSTR bitcoin BTC bitcoin price BTC to USD bitcoin value BTC to dollar bitcoin rate bitcoin cryptocurrency bitcoin latest bitcoin news bitcoin update bitcoin purchase bitcoin buy bitcoin sell bitcoin trade bitcoin capital bitcoin investment bitcoin analysis bitcoin chart bitcoin graph bitcoin tips bitcoin tricks bitcoin hacks bitcoin interesting facts bitcoin amazing facts bitcoin fun facts bitcoin cool facts bitcoin awesome facts bitcoin amazing stories bitcoin fun stories bitcoin cool stories bitcoin awesome stories bitcoin interesting stories bitcoin tips bitcoin tricks bitcoin hacks bitcoin capital bitcoin investment bitcoin analysis bitcoin chart bitcoin graph bitcoin to INR bitcoin to Indian Rupee bitcoin latest in India bitcoin news India bitcoin update India bitcoin purchase India bitcoin buy India bitcoin sell India bitcoin trade India bitcoin capital India bitcoin investment India bitcoin analysis India bitcoin chart India bitcoin graph India bitcoin tips India bitcoin tricks India bitcoin hacks India bitcoin interesting facts India bitcoin amazing facts India bitcoin fun facts India bitcoin cool facts India bitcoin awesome facts India bitcoin amazing stories India bitcoin fun stories India bitcoin cool stories India bitcoin awesome stories India bitcoin interesting stories India bitcoin to PKR bitcoin to Pakistani Rupee bitcoin latest in Pakistan bitcoin news Pakistan bitcoin update Pakistan bitcoin purchase Pakistan bitcoin buy Pakistan bitcoin sell Pakistan bitcoin trade Pakistan bitcoin capital Pakistan bitcoin investment Pakistan bitcoin analysis Pakistan bitcoin chart Pakistan bitcoin graph Pakistan bitcoin tips Pakistan bitcoin tricks Pakistan bitcoin hacks Pakistan bitcoin interesting facts Pakistan bitcoin amazing facts Pakistan bitcoin fun facts Pakistan bitcoin cool facts Pakistan bitcoin awesome facts Pakistan bitcoin amazing stories Pakistan bitcoin fun stories Pakistan bitcoin cool stories Pakistan bitcoin awesome stories Pakistan bitcoin interesting stories Pakistan bitcoin to BDT bitcoin to Bangladeshi Taka bitcoin latest in Bangladesh bitcoin news Bangladesh bitcoin update Bangladesh bitcoin purchase Bangladesh bitcoin buy Bangladesh bitcoin sell Bangladesh bitcoin trade Bangladesh bitcoin capital Bangladesh bitcoin investment Bangladesh bitcoin analysis Bangladesh bitcoin chart Bangladesh bitcoin graph Bangladesh bitcoin tips Bangladesh bitcoin tricks Bangladesh bitcoin hacks Bangladesh bitcoin interesting facts Bangladesh bitcoin amazing facts Bangladesh bitcoin fun facts Bangladesh bitcoin cool facts Bangladesh bitcoin awesome facts Bangladesh bitcoin amazing stories Bangladesh bitcoin fun stories Bangladesh bitcoin cool stories Bangladesh bitcoin awesome stories Bangladesh bitcoin interesting stories Bangladesh bitcoin to LKR bitcoin to Sri Lankan Rupee bitcoin latest in Sri Lanka bitcoin news Sri Lanka bitcoin update Sri Lanka bitcoin purchase Sri Lanka bitcoin buy Sri Lanka bitcoin sell Sri Lanka bitcoin trade Sri Lanka bitcoin capital Sri Lanka bitcoin investment Sri Lanka bitcoin analysis Sriなのかな? MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has added to its impressive BTC haul with another major buy.

The company announced on Nov. 18 that it had acquired an additional 51,780 BTC worth $4.6 billion, with the latest purchase coming at an average price of $88,627 per bitcoin. It pushes MicroStrategy’s total BTC holdings to 331,200 BTC.

MicroStrategy BTC holdings hit 331, 200

The announcement comes a few days after the company founder Michael Saylor revealed the purchase of over $2 billion in BTC.

Overall, the publicly-listed company, whose stock MSTR has surged amid Bitcoin’s mega price spike, has acquired $16.5 billion worth of BTC. The average price of the buys is $49,874, putting the company billions of dollars in profit as the benchmark cryptocurrency trades near its all-time high.

“MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin,” Michael Saylor posted on Twitter.

As CoinJournal reported, the US-based firm has inspired several other platforms and entities to adopt a Bitcoin strategy.

One of these is Metaplanet, the Japan-based company listed on the Tokyo Stock Exchange. On Nov. 18, Metaplanet disclosed the issuance of over $11 million in bonds to buy Bitcoin. Metaplanet has become known as the “MicroStrategy of Asia.”

Elsewhere, the market continues to see a surge in interest in the crypto asset class. Bitcoin recently broke to a new all-time high above $93k. The BTC price has remained steady near the $90k level amid predictions that the digital asset’s value could run to $100k before the end of the year.

News source:coinjournal.net

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 19, 2024