📊 MicroStrategy buys bitcoins worth $209 million! 🚀
MicroStrategy Inc. continues to actively increase its bitcoin holdings, acquiring 2138 BTC for $209 million from December 23 to 29. This marks the eighth consecutive week that co-founder Michael Saylor has bet on Bitcoin.
🔹 Average purchase price: $97,837 per 1 BTC
🔹 Total purchase amount: $209 million
🔹 Total assets in BTC: over $40 billion
🌍 MicroStrategy not only continues to invest in cryptocurrency but also intends to raise $42 billion in capital over the next 3 years to further increase its Bitcoin holdings through the sale of stocks and debt securities.
Despite the recent decline in Bitcoin prices, the company continues its strategy of purchasing cryptocurrency and strengthens its position in the market.
🔗 Why is this important?
MicroStrategy, with a market capitalization of over $80 billion, continues to enhance its influence on the cryptocurrency market, becoming part of the Nasdaq 100. The demand for BTC is growing, and such moves by major players like MicroStrategy only highlight the increasing interest in Bitcoin as a digital asset.