MicroStrategy has made a significant investment in the cryptocurrency market by acquiring approximately 21,550 bitcoin. This substantial purchase was made in a short span of time, from December 2 to December 8, 2024, amounting to a total expense of about $2.1 billion.
This move continues the company’s strategy of holding large amounts of bitcoin as a part of its balance sheet strategy, reflecting their strong belief in the potential of cryptocurrency as a store of value and investment opportunity.
The acquisition highlights MicroStrategy's ongoing commitment to cryptocurrency investment, aiming to leverage bitcoin's potential for long-term growth.
Source: www.theblockcrypto.com ↗
