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MicroStrategy Again Buys Up IDR 3.3 Trillion Worth of Bitcoin Ahead of New Year's Eve

MicroStrategy (MSTR), the largest Bitcoin (BTC) holding *business intelligence* company, has again stolen the spotlight with the latest purchase of 2,138 Bitcoins worth US$209 million or equivalent to IDR 3.3 trillion ahead of New Year's Eve 2024, Monday (12/30).

This step increases the total number of Bitcoins they own to 446,400 Bitcoins with an average price of US$62,428 per piece. This purchase shows MicroStrategy's commitment to this most popular crypto asset.

In addition, this aggressive step is also considered a preparation to welcome MicroStrategy's entry into the Nasdaq-100 index. On the other hand, the price of Bitcoin in the past week has shown a stagnant position at around US$93,000.

-# Image Source: Crypto News Flash

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