12 hours ago
Disclaimer: The expert who wrote this portion owns shares of MicroStrategy (MSTR).
Led by Executive Chairman Michael Saylor, MicroStrategy (MSTR) has again added to its monolithic bitcoin (BTC) stack.
In the week ending Jan 19, the institution purchased 11,000 BTC for $1.1 billion, taking its full holdings to 461,000 BTC. This latest bitcoin mean acquisition terms was $101,191, expanding MicroStrategy's wide mean acquisition terms to $63,610.
Once again, enforcement president Michael Saylor teased the announcement connected X connected Sunday with the caption, "Things volition beryllium antithetic tomorrow." Since the tweet, Saylor has posted aggregate photos of himself with Eric Trump, crypto czar David Sacks and Robert Kennedy Jr.
MSTR shares are down modestly successful premarket action, with bitcoin trading astatine $104,500, little by a hairsbreadth from precocious Friday afternoon. U.S. stocks were closed connected Monday owed to the MLK holiday.
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