Business intelligence firm MicroStrategy keeps stacking Bitcoin


$BTC amid growing anticipation of the potential approval of a spot BTC exchange-traded fund (ETF) in the United States.

MicroStrategy and its subsidiaries purchased another 14,620 BTC for $615.7 million in cash between Nov. 20, 2023, and Dec. 26, 2023, the firm officially announced in its 8-K filing with the U.S. Securities and Exchange Commission. The latest Bitcoin stash cost MicroStrategy roughly $42,110 per BTC, including fees and other expenses, the filing notes.

Source : Coin telegraph
BTC-2.22%
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