Cryptocurrency
Join
BTC

ICYMI - MicroStrategy bought another 12,000 Bitcoin

  • Continues Bitcoin Buying Spree
Eamonn Sheridan
12/03/2024 | 00:55 GMT

MicroStrategy have been big buyers prior to and during the recent run up:

  • Bitcoin Soars as Microstrategy Invests $155mn, halving a background fundamental too
  • Bitcoin breaks the range to hit $53,000 for the first time since 2021

MicroStrategy splashed out nearly $822 million:

  • added about 12,000 more bitcoin to its stash
  • purchases between Feb. 26 and March 10, at an average of $68,477 per bitcoin
  • bring MicroStrategy's holdings to 205,000 bitcoin

BTC update, daily candles:

btc daily chart 12 March 2024

Tags

  • BTC
  • Follow BTC
  • Save

Most Popular

  • South Korea again says preparing FX stability and liqudity measures
  • ‘Spy drones’ from China likely wreaking havoc over US, House foreign affairs chair claims
  • Trade ideas thread - Thursday, 19 December, insightful charts, technical analysis, ideas
  • Watch live: Powell hosts the final FOMC press conference of the year
  • The BoJ hiked rates in March and July - how is December shaping up?
  • Gold price prediction by AI
  • Fed insider says FOMC cut today, but then "a much more cautious tone about further cuts"

Follow Us

Subscribe to Forexlive's Daily News Wrap

Read our Terms, Cookies and Privacy Notice

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.