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MicroStrategy Acquires 223,798 Bitcoin in $1.9 Billion Purchase in 2024

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Bitcoin news broke on Thursday as MicroStrategy added 223,798 Bitcoin to its holdings in 2024, valued at around $1.945 billion. The company now owns 671,268 BTC, with an average cost of $74,972 per coin. Michael Saylor continues to push Bitcoin as the firm’s main treasury asset. The purchases were funded via cash flow, debt, and stock sales. Bitcoin analysis shows MicroStrategy remains the largest corporate holder, influencing institutional crypto sentiment.
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