Last week, MicroStrategy purchased approximately 13,600 Bitcoins, marking the company's largest single-week transaction in over five months, valued at over $1.2 billion. The transaction was primarily financed through the issuance of 6.8 million common shares, bringing its total Bitcoin holdings to 687,400, worth over $62.8 billion. The company's average purchase price per Bitcoin was $75,300. Previously, MSCI decided to continue allowing cryptocurrency-related companies to be included in its indices, and MicroStrategy expressed appreciation, considering this a positive outcome for neutral index strategies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Last week, MicroStrategy purchased approximately 13,600 Bitcoins, marking the company's largest single-week transaction in over five months, valued at over $1.2 billion. The transaction was primarily financed through the issuance of 6.8 million common shares, bringing its total Bitcoin holdings to 687,400, worth over $62.8 billion. The company's average purchase price per Bitcoin was $75,300. Previously, MSCI decided to continue allowing cryptocurrency-related companies to be included in its indices, and MicroStrategy expressed appreciation, considering this a positive outcome for neutral index strategies.