Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
MicroStrategy, led by Michael Saylor, buys another $2 billion worth of Bitcoin

MicroStrategy, led by Michael Saylor, buys another $2 billion worth of Bitcoin

CointimeCointime2024/11/11 14:11
By:Cointime

MicroStrategy, led by Michael Saylor and the biggest corporate holder of bitcoin, has purchased an additional 27,200 BTC for $2 billion. With a total acquisition cost of $11.9 billion, the company is currently profiting by approximately $11 billion. Meanwhile, stablecoin liquidity and bitcoin transactions are on the rise, and the ETH/BTC ratio has dropped to its lowest level since April 2021.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT (Episode 2): Trade to share 45,000 USDT

Bitget Announcement2026/09/11 12:00

CandyBomb x CNPY: Trade to share 75,000 USDC

Bitget Announcement2026/09/08 13:00

New spot margin trading pair — CP/USDT, SOPH/USDT!

Bitget Announcement2026/09/08 11:00