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HomeBusinessRegulationMicroStrategy Acquires 16,130 BTC in Latest Bullish Move

MicroStrategy Acquires 16,130 BTC in Latest Bullish Move



Godfrey Benjamin

In another bullish move that the digital currency ecosystem so craves, Michael Saylor, the chairman of American bullish intelligence and software firm MicroStrategy Incorporated has announced the acquisition of another 16,130 BTC for approximately $593.3 million at an average price of $36,785 per Bitcoin. 

Per the announcement, the company, as of November 29 now HODLs as much as 174,530 BTC acquired for approximately $5.28 billion at an average price of $30,252 per Bitcoin. This is another bullish move from the firm, strengthening its status as the most Bitcoin-bullish firm on Wall Street.

This is a breaking news, please check back for updates

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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