Friday, September 13, 2024

Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC

Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTCMicrostrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling stock sales to fund […]

via Kevin Helms

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