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Saylor's MicroStrategy lifts its bitcoin trove past $68bn after fresh $50mn purchase
MicroStrategy adds $50 million in bitcoin, lifting total holdings above $68 billion MicroStrategy continued its steady bitcoin accumulation last week, purchasing 487 BTC between November 3 and 9 for $49.9 million, according to a regulatory filing released Monday. The new acquisitions bring the firm’s total bitcoin holdings to 641,692 tokens, now worth more than $68 billion at current market prices. The company’s aggregate purchase price across all holdings averages about $74,100 per coin, well below bitcoin’s present level near $105,700. MicroStrategy said the purchases were funded through proceeds from its ... (full story)