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What will be MicroStrategy's ranking as a Bitcoin holder by end of 2025?
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MicroStrategy Acquires 21,550 Bitcoins for $2.1 Billion, Total Holdings Reach 423,650 BTC Worth $25.6 Billion, Plans to Raise $42 Billion
Dec 22, 2024, 10:30 AM
MicroStrategy has expanded its Bitcoin holdings significantly, acquiring an additional 21,550 Bitcoins for $2.1 billion. This latest purchase brings the company's total Bitcoin holdings to 423,650 Bitcoins, valued at approximately $25.6 billion. The firm, led by CEO Michael Saylor, has expressed a strong commitment to Bitcoin as a treasury asset, with plans to raise $42 billion for future acquisitions. This month alone, MicroStrategy has purchased a total of 52,300 Bitcoins for $5.1 billion, indicating a bullish outlook on the cryptocurrency market.
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