Analysis: MicroStrategy still has $15.3 billion available to purchase Bitcoin, and it is expected to continue buying until the end of this year
According to an analysis by crypto KOL Remo Uherek, MicroStrategy used the $21 billion it previously raised through stock financing to purchase 51,780 Bitcoins this time. After this purchase, it still has $15.3 billion available for buying Bitcoin.
If they continue to increase their Bitcoin holdings at this rate, the funds can be used until the end of this year.
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.
You may also like
CME Group has now launched futures for Cardano, Chainlink, and Stellar.
Solana Powers a Breakout Week for AI Agents, Institutions, and Onchain Finance
MegaETH launches its mainnet and introduces the ecosystem front-end interface, The Rabbithole.
Trending news
MoreCME Group has now launched futures for Cardano, Chainlink, and Stellar.
Last week, publicly listed companies worldwide made a net purchase of $92.83 million in BTC. Strategy invested $90 million to acquire 1,142 bitcoins, representing a 19.5% increase in purchase amount compared to the previous week.