MicroStrategy Stops Bitcoin Purchases
Main page News, Bitcoin

MicroStrategy CEO Michael Saylor has revealed the company has broken its trend of selling shares to buy Bitcoin.

In a Feb. 3 post on X, Saylor shared that MicroStrategy now owns 471,107 BTC, purchased for more than $30 billion.

This noted that the company did not sell any of its shares between Jan. 27 and Feb. 2, just seven days after announcing the purchase of more than 10,000 BTC, valued at about $1 billion at the time.

This announcement marks the end of a 12-week period in which MicroStrategy continuously announced its Bitcoin purchases, starting before the 2024 US election.

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