Connect with us

Cryptocurrency News

MicroStrategy acquires an additional 16,130 Bitcoins for $593.3 million



Microstrategy announces to buy more Bitcoin

MicroStrategy, today announces that it has acquired an additional 16,130 Bitcoins for $593.3 million. It along with its subsidiaries has acquired these BTC between November 1, 2023 and November 29, 2023.

Now, as of November 29, 2023, MicroStrategy, together with its subsidiaries, held an aggregate of approximately 174,530 bitcoins with an average price of $30,252 per Bitcoin.

At the press time, Bitcoin is trading at $37,747 with 24-hour highs and lows of $38,141 and $37,546 respectively.

The dominance of Bitcoin and Ethereum in the cryptocurrency market is 52.0% and 17.2% respectively.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.