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MicroStrategy purchased another 51,780 BTC, and its current holdings reached 331,200 BTC

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AI Summary

MicroStrategy purchased another 51,780 bitcoins, bringing its holdings to 331,200 bitcoins, with a total value of approximately $16.5 billion. This shows that MicroStrategy is firmly optimistic about the long-term value of Bitcoin and may drive other institutional investors to enter the market.

According to Odaily Planet Daily, Michael Saylor announced in an article on the X platform that MicroStrategy used the funds from the stock sale to purchase another 51,780 BTC, worth about $4.6 billion, with an average price of $88,627. As of November 17, MicroStrategy's Bitcoin holdings reached 331,200, worth about $16.5 billion.

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BTC

91,780.01

+1.48%

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MicroStrategy purchased another 51,780 BTC, and its current holdings reached 331,200 BTC

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