DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Bitcoin Cryptonews

MicroStrategy Makes its Fourth-Largest Bet on Bitcoin

One of the largest bitcoin (BTC) holders, US-listed software firm MicroStrategy, just made its fourth-largest investment in BTC, increasing its stash to BTC 121,044 (USD 6.92bn). (Updated at 14:54 UTC: updates throughout...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

MicroStrategy Makes its Fourth-Largest Bet on Bitcoin
One of the largest bitcoin (BTC) holders, US-listed software firm MicroStrategy, just made its fourth-largest investment in BTC, increasing its stash to BTC 121,044 (USD 6.92bn). (Updated at 14:54 UTC: updates throughout the entire text).
This time, per the CEO Michael Saylor, they acquired BTC 7,002 for USD 414m. 
The company already spent USD 3.57bn on BTC, paying USD 29,534 per BTC on average....
Read More: MicroStrategy Makes its Fourth-Largest Bet on Bitcoin

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context