MicroStrategy Buys the Bitcoin Dip, Draws Criticism From Analysts

The business intelligence and software company purchased an additional 480 bitcoin (BTC) for roughly $10 million — an average price of $20,817 per bitcoin, according to a Wednesday filing. MicroStrategy now holds nearly 130,000 BTC ($2.61 billion), which it acquired for about $4 billion at an average price of $30,664. The company boasts the largest BTC stash of any public company by far; Tesla’s is the second biggest with 42,902 BTC ($862 million).

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Tommaso Tosi

commented 1 month ago

Mike on 🔥🔥🔥 as always lol

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