MicroStrategy Buys More Bitcoin for 7th Consecutive Week

MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
MicroStrategy adds to bitcoin holdings for seventh straight week
MicroStrategy (NASDAQ:MSTR) acquired 5,262 bitcoin (BTC-USD) for a total of $561M for the week ended Dec. 22, the company disclosed on Monday, marking its seventh consecutive weekly bitcoin purchase.
MicroStrategy Just Bought More Bitcoin. Its Latest Purchase Was a Lot Smaller.
The company, the largest corporate holder of the cryptocurrency, continued a string of weekly purchases that began in early November.
MicroStrategy Buys The Dip, Adds To Bitcoin Hoard For Seventh Straight Week
MicroStrategy (MSTR) added to its Bitcoin hoard for a seventh straight week, fortifying its position as the biggest corporate holder of BTC.
MicroStrategy buys 5,262 more bitcoins with share sale proceeds
MicroStrategy Incorporated (NASDAQ:MSTR) said on Monday it acquired 5,262 bitcoins at an average price of $106,662 each, using proceeds from the sale of 1.32 million shares, which raised $561 million.
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