Market Cap: $3.2264T 7.740%
Volume(24h): $162.8717B 32.210%
  • Market Cap: $3.2264T 7.740%
  • Volume(24h): $162.8717B 32.210%
  • Fear & Greed Index:
  • Market Cap: $3.2264T 7.740%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$102645.326745 USD

3.86%

ethereum
ethereum

$2235.824185 USD

20.09%

tether
tether

$0.999978 USD

-0.04%

xrp
xrp

$2.318227 USD

6.77%

bnb
bnb

$626.285788 USD

2.98%

solana
solana

$162.866519 USD

8.45%

usd-coin
usd-coin

$1.000142 USD

0.00%

dogecoin
dogecoin

$0.196724 USD

10.69%

cardano
cardano

$0.771249 USD

9.92%

tron
tron

$0.256040 USD

2.64%

sui
sui

$3.963536 USD

10.47%

chainlink
chainlink

$15.896137 USD

10.95%

avalanche
avalanche

$22.320543 USD

11.21%

stellar
stellar

$0.296058 USD

10.87%

shiba-inu
shiba-inu

$0.000014 USD

9.85%

Cryptocurrency News Articles

MicroStrategy buys additional 22,048 Bitcoin for $1.9 billion

Mar 31, 2025 at 09:08 pm

MicroStrategy, the business intelligence firm – now turned into a Bitcoin company – has acquired additional 22048 BTC

MicroStrategy buys additional 22,048 Bitcoin for $1.9 billion

Strategy, the business intelligence firm known for its massive Bitcoin acquisitions, has added another 22,048 Bitcoin to its portfolio for $1.9 billion, bringing its total holding to 528,185 BTC.

At the current Bitcoin price of $83,000, the portfolio is now worth $43.84 billion. The founder and CEO of Strategy, Michael Saylor shared the latest purchase on X citing that the company has bought the BTC at an average price of $86,969 and has achieved a yield of 11% this year (YTD) in 2025.

The latest acquisition was processed using the funds it accumulated by selling its class A common stock MSTR and perpetual strike preferred stock STRK. The company sold 3,645,528 MSTR shares for approximately $1.2 billion and 213,807 STRK shares for approximately $18.52 million last week.

Strategy’s mega plan involves STRK and STRF perpetual preferred stocks that are in addition to the initial “21/21 plan.” The firm targets to raise a capital of $42 billion by equity offerings and fixed-income securities for more purchases throughout this year.

Michael Saylor and Strategy has put Bitcoin in a trend within traditional finance players who are now joining the race with revealing plans to invest directly in BTC. GameStop is latest in the trend with it announcing $1.3 billion of private offering of convertible senior notes that it will use to purchase Bitcoin.

The post Strategy adds another 22,048 Bitcoin for $1.9 billion to its portfolio appeared first on Chain Teller.

Continue reading on Chain Teller

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 09, 2025