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MicroStrategy Acquires $209 Million in Bitcoin for Eighth Week Running

share-iconPublished: Monday, December 30 share-iconUpdated: Monday, December 30 comment-icon3 months ago
News sources:
BLOOMBERG
MicroStrategy Acquires $209 Million in Bitcoin for Eighth Week Running

Credited from: BLOOMBERG

  • MicroStrategy Inc. has recently purchased **$209 million** worth of **Bitcoin**.
  • This acquisition signifies their **eighth consecutive week** of Bitcoin purchases.
  • MicroStrategy is transitioning from a software company to a **leveraged proxy** for cryptocurrency investments.
  • This purchase highlights the company’s ongoing strategy to invest heavily in **Bitcoin**.
  • For more details, visit the original article on **Bloomberg**: link.

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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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