MicroStrategy's Bitcoin Holdings Surpass $29 Billion After $4.6 Billion Purchase

Reported 3 days ago

MicroStrategy has made a significant move by acquiring $4.6 billion in Bitcoin recently, raising its total holdings to over $29 billion. This positions the company among the wealthiest corporations regarding financial assets, indicating its transformation into a bitcoin-focused investment firm, with its stock performance now closely aligned with Bitcoin's value.

Source: YAHOO

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