Reported Earlier During Period Between April 29 & June 27, Microstrategy Inc, Units Acquired About 12,333 Bitcoins For About $347M In Cash
Portfolio Pulse from Happy Mohamed
Microstrategy Inc has acquired approximately 12,333 Bitcoins for about $347M in cash between April 29 and June 27, according to an SEC filing.
June 28, 2023 | 12:47 pm
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POSITIVE IMPACT
Microstrategy's acquisition of additional Bitcoins could potentially increase the company's asset value and attract cryptocurrency investors.
Microstrategy's acquisition of additional Bitcoins signifies the company's confidence in the cryptocurrency. This could potentially increase the company's asset value and attract investors who are interested in cryptocurrency, thereby positively impacting the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100