MicroStrategy Inc Says From Aug 1, And Sept 24, Co With Units, Acquired About 5,445 Bitcoins For About $147.3M In Cash, At Average Price Of About $27,053 Per Bitcoin
Portfolio Pulse from Benzinga Newsdesk
MicroStrategy Inc, along with its units, has acquired approximately 5,445 Bitcoins for about $147.3M in cash, at an average price of about $27,053 per Bitcoin, between August 1 and September 24.
September 25, 2023 | 12:05 pm
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MicroStrategy's recent acquisition of 5,445 Bitcoins could potentially impact its stock price.
MicroStrategy's acquisition of a significant amount of Bitcoin indicates a strategic investment in the cryptocurrency. This could potentially attract investors who are bullish on Bitcoin, thereby driving up the stock price in the short term.
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