Reported about 4 hours ago
MicroStrategy has purchased an additional 55,000 bitcoins for $5.4 billion as the cryptocurrency approaches all-time highs. Despite a significant investment and positive outlook from analysts, the company's stock experienced volatility, briefly rising before falling. With ongoing strategic acquisitions, MicroStrategy now holds approximately 386,700 bitcoins, funded through convertible notes and share sales, while analysts project Bitcoin prices could soar even higher in the coming years.
Source: YAHOO