> MicroStrategy Completes $5.4 Billion Bitcoin Purchase

> Tech company MicroStrategy has announced a $5.4 billion Bitcoin purchase, which was executed between November 18 and 24. This marks the company’s third major Bitcoin acquisition this month, cementing its position as a leading hedge fund handler for cryptocurrencies.

> According to the U.S. Securities and Exchange Commission, MicroStrategy purchased 55,500 Bitcoin, bringing its total holdings to about $38 billion. This makes it the largest publicly traded company in terms of Bitcoin holdings. The company now owns nearly 2% of the roughly 20 million Bitcoin in circulation.

> MicroStrategy Makes Largest Bitcoin Purchase to Date, Acquiring $5.4 Billion

> In a significant move, MicroStrategy, a leading technology company, has announced its acquisition of $5.4 billion worth of Bitcoin. The purchase, which took place between November 18 and 24, marks the company’s third major bitcoin acquisition this month.

> The U.S. Securities and Exchange Commission reported that MicroStrategy purchased 55,500 bitcoins, bringing its total bitcoin holdings to nearly $38 billion. This makes MicroStrategy the largest public company to invest in Bitcoin. With the acquisition, the company now owns nearly 2% of the roughly 20 million bitcoins currently in circulation.

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