MicroStrategy Acquires 5445 Bitcoin

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MicroStrategy has bought more Bitcoin (BTC), adding 5,445 of them to its holdings. This purchase cost around $147.3 million, at an average price of $27,053 per Bitcoin.

MicroStrategy, a U.S. blockchain intelligence company, has further solidified its position as a major institutional supporter of Bitcoin. The company recently added 5,445 Bitcoin (BTC) tokens to its already substantial Bitcoin portfolio.

MicroStrategy’s Expanding Bitcoin Holdings

According to Michael Saylor, the Chairman of MicroStrategy, this latest addition is valued at around $147.3 million and was purchased at an average price of $27,053 per Bitcoin. As of September 24, MicroStrategy now holds a total of 158,245 BTC, acquired for approximately $4.68 billion, with an average Bitcoin price of $29,582 per unit.

MicroStrategy’s ongoing support for Bitcoin acquisition continues to be a topic of discussion within the crypto industry, drawing both praise and criticism.

Please stay tuned for further updates on this breaking news.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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  • Asad

    Asad is a dynamic and talented cryptocurrency content author who brings a wealth of knowledge and enthusiasm to every article. With a deep understanding of blockchain technology and a passion for digital assets, Asad's writing is both informative and engaging.

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