MicroStrategy Buys 8,178 Bitcoins, Averages $102K
Update: 2025-11-17
Description
MicroStrategy, led by Michael Saylor, has made another significant Bitcoin investment, purchasing 8,178 Bitcoins for $835.6 million. This brings their average purchase price to $102,171 per Bitcoin, totaling 649,870 Bitcoins in their reserves. Despite their enterprise value trading slightly above the Bitcoins current value, the cryptocurrency markets volatility persists, with Bitcoin trading at $94,500 on Monday.
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