MicroStrategy Acquires 11,000 Bitcoin for $1.1 Billion
MicroStrategy, led by Executive Chairman Michael Saylor, has purchased 11,000 BTC for $1.1 billion during the week ending January 19. Key points include:
- Total bitcoin holdings now at 461,000 BTC
- Average purchase price of recent BTC acquisition at $101,191
- Overall average purchase price increased to $63,610
- MSTR shares saw a modest decline in premarket trading
- Current bitcoin price is $104,500
Saylor hinted at a significant announcement on social media, accompanied by photos with notable figures.