MicroStrategy Buys 1,587 BTC, Boosts Holdings to 846,842 BTC
MicroStrategy purchased 1,587 Bitcoin for $100 million, raising its corporate Bitcoin reserve to 846,842 BTC. The company also added $100 million in fiat, bringing its cash holdings to $1.1 billion.
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MicroStrategy has acquired an additional 1,587 Bitcoin for $100 million, increasing its total corporate Bitcoin reserve to 846,842 BTC. The firm also bolstered its fiat reserves by $100 million, now holding $1.1 billion in cash.
Separately, BitMine expanded its Ethereum holdings to 5.62 million ETH, representing 4.66% of the total Ethereum supply. Both moves signal ongoing institutional accumulation in the crypto space.
Source: ForkLog