Home
News
Details

MicroStrategy Adds 10,645 BTC in $980M Purchase, Total Holdings Reach 671,268 Coins

iconCoinEdition
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$89,225.601.26%
MicroStrategy (MSTR) added 10,645 BTC in a $980M buy, pushing total holdings to 671,268 coins. The purchase used equity dilution via ATM offerings, capitalizing on stock premiums. With MSCI reviewing index inclusion rules for crypto-heavy firms, MicroStrategy argues its Bitcoin strategy aligns with value investing in crypto. The firm positions itself as an operating business, not a speculative play, emphasizing long-term gains and a strong risk-to-reward ratio.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.