Michael Saylor's MicroStrategy Buys Another $243M in Bitcoin
Continuing the company’s acquisition strategy that has proven to be fruitful to this point, Michael Saylor’s MicroStrategy has purchased another $243 million worth of Bitcoin. Indeed, the business intelligence firm has added another 2,530 BTC to its growing stash of the leading cryptocurrency. Since August of 2020, the company has adopted a Bitcoin buying strategy. The asset’s unprecedented performance last year saw the move do wonders for MicroStrategy (MSTR) stock, surging to an all-time high of $473 in November of last year. With BTC expected to have another dominant year in 2025, the company has shown no signs of slowing down its buying habits. JUST IN: Michael Saylor's MicroStrategy buys another 2,530 Bitcoin worth $243 million. — Watcher.Guru (@WatcherGuru) January 13, 2025 Also Read: MicroStrategy: MSTR a New Wall Street Favorite As it Outperforms Bitcoin MicroStrategy Does It Again: MSTR Buys $243 Million in Bitcoin as Holding Reach $450,000 BTC For the final f...