Sunday, June 29, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

MicroStrategy's Aggressive Bitcoin Acquisition Strategy Secures 0.726% of Total Supply

June 28, 2023
in Bitcoin
Reading Time: 2 mins read
A A
0

[ad_1]

MicroStrategy, the main public company by way of bitcoin holdings, has as soon as once more demonstrated its aggressive bitcoin acquisition technique. The corporate lately introduced the acquisition of an extra 12,333 BTC for roughly $347.0 million, at a mean value of $28,136 per bitcoin. This brings MicroStrategy’s whole holdings to a powerful 152,333 BTC, acquired at a mean value of $29,668 per bitcoin. With a complete of 21 million bitcoins set to ever exist, MicroStrategy now controls roughly 0.726% of the full out there provide.

This newest transfer by MicroStrategy additional solidifies its place as the most important public company holder of bitcoin. MicroStrategy’s journey with bitcoin started in August 2020, and regardless of promoting a few of its holdings for tax loss harvesting in December 2022, the corporate has persistently elevated its bitcoin assortment. In truth, shortly after the sale, MicroStrategy acquired an extra 2,500 bitcoin, additional bolstering its already vital holdings. With their present holdings, MicroStrategy now controls roughly 0.726% of the full 21 million bitcoins that may ever be mined.

Along with its relentless accumulation of bitcoin, MicroStrategy has lately revealed plans to leverage Lightning for enterprise infrastructure providers and content material monetization options. The corporate’s chairman, Michael Saylor, has been actively spearheading the mission of advancing Bitcoin adoption and growth.

The newest acquisition of bitcoin by MicroStrategy reinforces the corporate’s perception within the long-term viability of the digital asset. With Marathon being the one different firm holding a considerable quantity of bitcoin in comparison with MicroStrategy, and this acquisition being bigger than their whole holdings, it’s clear that MicroStrategy’s aggressive acquisition technique positions it as a dominant drive within the company bitcoin area, controlling a major share of the restricted provide.

[ad_2]

Source link

Tags: AcquisitionAggressiveBitcoinMicroStrategy039sSecuresstrategySupplyTotal
Previous Post

Here’s why Alex The Doge and Dogecoin Should be on your list

Next Post

Bitcoin Holds the $30K Level Strongly: Here’s How BTC Price Will Trade Next

Next Post
Bitcoin Holds the $30K Level Strongly: Here’s How BTC Price Will Trade Next

Bitcoin Holds the $30K Level Strongly: Here’s How BTC Price Will Trade Next

Russia Considering ‘Serious’ Control Over Crypto as Legalization Ramps Up

Russia Considering ‘Serious’ Control Over Crypto as Legalization Ramps Up

Analyzing capital rotation across cycle transitions

Analyzing capital rotation across cycle transitions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.