MicroStrategy scoops up 480 Bitcoin amid market slump

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MicroStrategy scoops up 480 Bitcoin amid market slump
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As consistent as the sun rising. Business intelligence firm MicroStrategy adds to its Bitcoin holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles. (Reporting via forgeforth_)

) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles.disclosed

that it had acquired an additional 480 BTC at an average price of roughly $20,817. The total purchase amount was $10 million in cash. With the purchase, MicroStrategy now holds 129,699 BTC, making it the largest corporate holder of Bitcoin. The total value of its holdings is roughly $3.98 billion. MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per

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