CandleFocus

MicroStrategy Announces Enormous Bitcoin Purchase Following Nasdaq-100 Inclusion

Business intelligence firm MicroStrategy has announced its latest Bitcoin purchase, totaling $1.54 billion at an average price of $100,386 per coin. This brings the company's total Bitcoin holdings to 439,000 BTC, purchased for $27.1 billion at an average price of $61,725. MicroStrategy has surpassed its capital-raising target and saw a 3.5% increase in its shares following its inclusion in the Nasdaq-100 index. Bitcoin also recently reached a new record high of $106,352.

Related News